id	sid	tid	token	lemma	pos
fbem-30775	1	1	frontiers	frontier	NOUN
fbem-30775	1	2	in	in	ADP
fbem-30775	1	3	business	business	NOUN
fbem-30775	1	4	,	,	PUNCT
fbem-30775	1	5	economics	economic	NOUN
fbem-30775	1	6	and	and	CCONJ
fbem-30775	1	7	management	management	NOUN
fbem-30775	1	8	issn	issn	PROPN
fbem-30775	1	9	:	:	PUNCT
fbem-30775	1	10	2766	2766	NUM
fbem-30775	1	11	-	-	PUNCT
fbem-30775	1	12	824x	824x	NUM
fbem-30775	1	13	|	|	ADJ
fbem-30775	1	14	vol	vol	NOUN
fbem-30775	1	15	.	.	PROPN
fbem-30775	2	1	19	19	NUM
fbem-30775	2	2	,	,	PUNCT
fbem-30775	2	3	no	no	INTJ
fbem-30775	2	4	.	.	NOUN
fbem-30775	2	5	2	2	NUM
fbem-30775	2	6	,	,	PUNCT
fbem-30775	2	7	2025	2025	NUM
fbem-30775	2	8	152	152	NUM
fbem-30775	2	9	research	research	NOUN
fbem-30775	2	10	on	on	ADP
fbem-30775	2	11	the	the	DET
fbem-30775	2	12	impact	impact	NOUN
fbem-30775	2	13	of	of	ADP
fbem-30775	2	14	esg	esg	PROPN
fbem-30775	2	15	information	information	NOUN
fbem-30775	2	16	disclosure	disclosure	NOUN
fbem-30775	2	17	on	on	ADP
fbem-30775	2	18	corporate	corporate	ADJ
fbem-30775	2	19	financial	financial	ADJ
fbem-30775	2	20	performance	performance	NOUN
fbem-30775	2	21	-taking	-take	VERB
fbem-30775	2	22	pinduoduo	pinduoduo	NOUN
fbem-30775	2	23	as	as	ADP
fbem-30775	2	24	an	an	DET
fbem-30775	2	25	example	example	NOUN
fbem-30775	2	26	xiaoke	xiaoke	NOUN
fbem-30775	2	27	guo	guo	PROPN
fbem-30775	2	28	,	,	PUNCT
fbem-30775	2	29	changying	changye	VERB
fbem-30775	2	30	chen	chen	PROPN
fbem-30775	2	31	*	*	PUNCT
fbem-30775	2	32	school	school	NOUN
fbem-30775	2	33	of	of	ADP
fbem-30775	2	34	accounting	accounting	PROPN
fbem-30775	2	35	,	,	PUNCT
fbem-30775	2	36	anhui	anhui	PROPN
fbem-30775	2	37	university	university	PROPN
fbem-30775	2	38	of	of	ADP
fbem-30775	2	39	finance	finance	NOUN
fbem-30775	2	40	and	and	CCONJ
fbem-30775	2	41	economics	economic	NOUN
fbem-30775	2	42	,	,	PUNCT
fbem-30775	2	43	bengbu	bengbu	NOUN
fbem-30775	2	44	,	,	PUNCT
fbem-30775	2	45	anhui	anhui	PROPN
fbem-30775	2	46	,	,	PUNCT
fbem-30775	2	47	china	china	PROPN
fbem-30775	2	48	*	*	PUNCT
fbem-30775	2	49	corresponding	correspond	VERB
fbem-30775	2	50	author	author	NOUN
fbem-30775	2	51	:	:	PUNCT
fbem-30775	2	52	120080876@aufe.edu.cn	120080876@aufe.edu.cn	NUM
fbem-30775	2	53	abstract	abstract	NOUN
fbem-30775	2	54	:	:	PUNCT
fbem-30775	2	55	in	in	ADP
fbem-30775	2	56	recent	recent	ADJ
fbem-30775	2	57	years	year	NOUN
fbem-30775	2	58	,	,	PUNCT
fbem-30775	2	59	with	with	ADP
fbem-30775	2	60	the	the	DET
fbem-30775	2	61	proposal	proposal	NOUN
fbem-30775	2	62	of	of	ADP
fbem-30775	2	63	the	the	DET
fbem-30775	2	64	14th	14th	ADJ
fbem-30775	2	65	five	five	NUM
fbem-30775	2	66	year	year	NOUN
fbem-30775	2	67	plan	plan	NOUN
fbem-30775	2	68	and	and	CCONJ
fbem-30775	2	69	the	the	DET
fbem-30775	2	70	continuous	continuous	ADJ
fbem-30775	2	71	promotion	promotion	NOUN
fbem-30775	2	72	of	of	ADP
fbem-30775	2	73	the	the	DET
fbem-30775	2	74	"	"	PUNCT
fbem-30775	2	75	dual	dual	ADJ
fbem-30775	2	76	carbon	carbon	NOUN
fbem-30775	2	77	"	"	PUNCT
fbem-30775	2	78	goals	goal	NOUN
fbem-30775	2	79	,	,	PUNCT
fbem-30775	2	80	the	the	DET
fbem-30775	2	81	esg	esg	PROPN
fbem-30775	2	82	concept	concept	NOUN
fbem-30775	2	83	,	,	PUNCT
fbem-30775	2	84	which	which	PRON
fbem-30775	2	85	is	be	AUX
fbem-30775	2	86	highly	highly	ADV
fbem-30775	2	87	compatible	compatible	ADJ
fbem-30775	2	88	with	with	ADP
fbem-30775	2	89	its	its	PRON
fbem-30775	2	90	development	development	NOUN
fbem-30775	2	91	philosophy	philosophy	NOUN
fbem-30775	2	92	,	,	PUNCT
fbem-30775	2	93	has	have	AUX
fbem-30775	2	94	attracted	attract	VERB
fbem-30775	2	95	increasing	increase	VERB
fbem-30775	2	96	attention	attention	NOUN
fbem-30775	2	97	from	from	ADP
fbem-30775	2	98	scholars	scholar	NOUN
fbem-30775	2	99	and	and	CCONJ
fbem-30775	2	100	corporate	corporate	ADJ
fbem-30775	2	101	leaders	leader	NOUN
fbem-30775	2	102	at	at	ADP
fbem-30775	2	103	home	home	ADV
fbem-30775	2	104	and	and	CCONJ
fbem-30775	2	105	abroad	abroad	ADV
fbem-30775	2	106	.	.	PUNCT
fbem-30775	3	1	the	the	DET
fbem-30775	3	2	esg	esg	PROPN
fbem-30775	3	3	concept	concept	NOUN
fbem-30775	3	4	emphasizes	emphasize	VERB
fbem-30775	3	5	the	the	DET
fbem-30775	3	6	performance	performance	NOUN
fbem-30775	3	7	of	of	ADP
fbem-30775	3	8	enterprises	enterprise	NOUN
fbem-30775	3	9	in	in	ADP
fbem-30775	3	10	environmental	environmental	ADJ
fbem-30775	3	11	,	,	PUNCT
fbem-30775	3	12	social	social	ADJ
fbem-30775	3	13	,	,	PUNCT
fbem-30775	3	14	and	and	CCONJ
fbem-30775	3	15	corporate	corporate	ADJ
fbem-30775	3	16	governance	governance	NOUN
fbem-30775	3	17	aspects	aspect	NOUN
fbem-30775	3	18	.	.	PUNCT
fbem-30775	4	1	actively	actively	ADV
fbem-30775	4	2	practicing	practice	VERB
fbem-30775	4	3	esg	esg	NOUN
fbem-30775	4	4	practices	practice	NOUN
fbem-30775	4	5	not	not	PART
fbem-30775	4	6	only	only	ADV
fbem-30775	4	7	significantly	significantly	ADV
fbem-30775	4	8	reduces	reduce	VERB
fbem-30775	4	9	operating	operating	NOUN
fbem-30775	4	10	costs	cost	NOUN
fbem-30775	4	11	an	an	DET
fbem-30775	4	12	d	d	NOUN
fbem-30775	4	13	establishes	establish	VERB
fbem-30775	4	14	a	a	DET
fbem-30775	4	15	good	good	ADJ
fbem-30775	4	16	corporate	corporate	ADJ
fbem-30775	4	17	image	image	NOUN
fbem-30775	4	18	,	,	PUNCT
fbem-30775	4	19	but	but	CCONJ
fbem-30775	4	20	also	also	ADV
fbem-30775	4	21	directly	directly	ADV
fbem-30775	4	22	improves	improve	VERB
fbem-30775	4	23	the	the	DET
fbem-30775	4	24	financial	financial	ADJ
fbem-30775	4	25	performance	performance	NOUN
fbem-30775	4	26	of	of	ADP
fbem-30775	4	27	enterprises	enterprise	NOUN
fbem-30775	4	28	.	.	PUNCT
fbem-30775	5	1	this	this	DET
fbem-30775	5	2	article	article	NOUN
fbem-30775	5	3	adopts	adopt	VERB
fbem-30775	5	4	a	a	DET
fbem-30775	5	5	case	case	NOUN
fbem-30775	5	6	study	study	NOUN
fbem-30775	5	7	method	method	NOUN
fbem-30775	5	8	and	and	CCONJ
fbem-30775	5	9	selects	select	NOUN
fbem-30775	5	10	listed	list	VERB
fbem-30775	5	11	company	company	NOUN
fbem-30775	5	12	pinduoduo	pinduoduo	NOUN
fbem-30775	5	13	as	as	ADP
fbem-30775	5	14	the	the	DET
fbem-30775	5	15	research	research	NOUN
fbem-30775	5	16	object	object	NOUN
fbem-30775	5	17	.	.	PUNCT
fbem-30775	6	1	by	by	ADP
fbem-30775	6	2	analyzing	analyze	VERB
fbem-30775	6	3	its	its	PRON
fbem-30775	6	4	esg	esg	NOUN
fbem-30775	6	5	information	information	NOUN
fbem-30775	6	6	disclosure	disclosure	NOUN
fbem-30775	6	7	and	and	CCONJ
fbem-30775	6	8	performance	performance	NOUN
fbem-30775	6	9	,	,	PUNCT
fbem-30775	6	10	as	as	ADV
fbem-30775	6	11	well	well	ADV
fbem-30775	6	12	as	as	ADP
fbem-30775	6	13	its	its	PRON
fbem-30775	6	14	financial	financial	ADJ
fbem-30775	6	15	performance	performance	NOUN
fbem-30775	6	16	in	in	ADP
fbem-30775	6	17	recent	recent	ADJ
fbem-30775	6	18	years	year	NOUN
fbem-30775	6	19	,	,	PUNCT
fbem-30775	6	20	it	it	PRON
fbem-30775	6	21	argues	argue	VERB
fbem-30775	6	22	that	that	SCONJ
fbem-30775	6	23	esg	esg	PROPN
fbem-30775	6	24	information	information	NOUN
fbem-30775	6	25	disclosure	disclosure	NOUN
fbem-30775	6	26	of	of	ADP
fbem-30775	6	27	enterprises	enterprise	NOUN
fbem-30775	6	28	will	will	AUX
fbem-30775	6	29	effectively	effectively	ADV
fbem-30775	6	30	improve	improve	VERB
fbem-30775	6	31	their	their	PRON
fbem-30775	6	32	financial	financial	ADJ
fbem-30775	6	33	performance	performance	NOUN
fbem-30775	6	34	.	.	PUNCT
fbem-30775	7	1	based	base	VERB
fbem-30775	7	2	on	on	ADP
fbem-30775	7	3	the	the	DET
fbem-30775	7	4	research	research	NOUN
fbem-30775	7	5	findings	finding	NOUN
fbem-30775	7	6	,	,	PUNCT
fbem-30775	7	7	suggestions	suggestion	NOUN
fbem-30775	7	8	are	be	AUX
fbem-30775	7	9	proposed	propose	VERB
fbem-30775	7	10	for	for	ADP
fbem-30775	7	11	the	the	DET
fbem-30775	7	12	further	further	ADJ
fbem-30775	7	13	development	development	NOUN
fbem-30775	7	14	of	of	ADP
fbem-30775	7	15	esg	esg	PROPN
fbem-30775	7	16	practices	practice	NOUN
fbem-30775	7	17	in	in	ADP
fbem-30775	7	18	china	china	PROPN
fbem-30775	7	19	for	for	ADP
fbem-30775	7	20	reference	reference	NOUN
fbem-30775	7	21	.	.	PUNCT
fbem-30775	8	1	keywords	keyword	NOUN
fbem-30775	8	2	:	:	PUNCT
fbem-30775	8	3	esg	esg	NOUN
fbem-30775	8	4	;	;	PUNCT
fbem-30775	8	5	information	information	NOUN
fbem-30775	8	6	disclosure	disclosure	NOUN
fbem-30775	8	7	;	;	PUNCT
fbem-30775	8	8	financial	financial	ADJ
fbem-30775	8	9	performance	performance	NOUN
fbem-30775	8	10	;	;	PUNCT
fbem-30775	8	11	pinduoduo	pinduoduo	ADJ
fbem-30775	8	12	.	.	PUNCT
fbem-30775	9	1	1	1	X
fbem-30775	9	2	.	.	X
fbem-30775	9	3	introduction	introduction	NOUN
fbem-30775	9	4	with	with	ADP
fbem-30775	9	5	the	the	DET
fbem-30775	9	6	increasing	increase	VERB
fbem-30775	9	7	advancement	advancement	NOUN
fbem-30775	9	8	of	of	ADP
fbem-30775	9	9	globalization	globalization	NOUN
fbem-30775	9	10	and	and	CCONJ
fbem-30775	9	11	sustainable	sustainable	ADJ
fbem-30775	9	12	development	development	NOUN
fbem-30775	9	13	,	,	PUNCT
fbem-30775	9	14	esg	esg	PROPN
fbem-30775	9	15	has	have	AUX
fbem-30775	9	16	received	receive	VERB
fbem-30775	9	17	increasing	increase	VERB
fbem-30775	9	18	attention	attention	NOUN
fbem-30775	9	19	.	.	PUNCT
fbem-30775	10	1	esg	esg	NOUN
fbem-30775	10	2	,	,	PUNCT
fbem-30775	10	3	environmental	environmental	ADJ
fbem-30775	10	4	,	,	PUNCT
fbem-30775	10	5	social	social	ADJ
fbem-30775	10	6	,	,	PUNCT
fbem-30775	10	7	and	and	CCONJ
fbem-30775	10	8	corporate	corporate	ADJ
fbem-30775	10	9	governance	governance	NOUN
fbem-30775	10	10	have	have	AUX
fbem-30775	10	11	become	become	VERB
fbem-30775	10	12	important	important	ADJ
fbem-30775	10	13	indicators	indicator	NOUN
fbem-30775	10	14	for	for	ADP
fbem-30775	10	15	measuring	measure	VERB
fbem-30775	10	16	a	a	DET
fbem-30775	10	17	company	company	NOUN
fbem-30775	10	18	's	's	PART
fbem-30775	10	19	development	development	NOUN
fbem-30775	10	20	and	and	CCONJ
fbem-30775	10	21	management	management	NOUN
fbem-30775	10	22	capabilities	capability	NOUN
fbem-30775	10	23	.	.	PUNCT
fbem-30775	11	1	focusing	focus	VERB
fbem-30775	11	2	on	on	ADP
fbem-30775	11	3	esg	esg	PROPN
fbem-30775	11	4	development	development	NOUN
fbem-30775	11	5	will	will	AUX
fbem-30775	11	6	help	help	VERB
fbem-30775	11	7	improve	improve	VERB
fbem-30775	11	8	company	company	NOUN
fbem-30775	11	9	performance	performance	NOUN
fbem-30775	11	10	,	,	PUNCT
fbem-30775	11	11	attract	attract	VERB
fbem-30775	11	12	more	more	ADJ
fbem-30775	11	13	consumers	consumer	NOUN
fbem-30775	11	14	and	and	CCONJ
fbem-30775	11	15	investors	investor	NOUN
fbem-30775	11	16	,	,	PUNCT
fbem-30775	11	17	and	and	CCONJ
fbem-30775	11	18	enhance	enhance	VERB
fbem-30775	11	19	sustainable	sustainable	ADJ
fbem-30775	11	20	development	development	NOUN
fbem-30775	11	21	capabilities	capability	NOUN
fbem-30775	11	22	.	.	PUNCT
fbem-30775	12	1	firstly	firstly	ADV
fbem-30775	12	2	,	,	PUNCT
fbem-30775	12	3	from	from	ADP
fbem-30775	12	4	an	an	DET
fbem-30775	12	5	environmental	environmental	ADJ
fbem-30775	12	6	perspective	perspective	NOUN
fbem-30775	12	7	,	,	PUNCT
fbem-30775	12	8	strengthening	strengthen	VERB
fbem-30775	12	9	environmental	environmental	ADJ
fbem-30775	12	10	investment	investment	NOUN
fbem-30775	12	11	and	and	CCONJ
fbem-30775	12	12	improving	improve	VERB
fbem-30775	12	13	environmental	environmental	ADJ
fbem-30775	12	14	protection	protection	NOUN
fbem-30775	12	15	measures	measure	NOUN
fbem-30775	12	16	by	by	ADP
fbem-30775	12	17	enterprises	enterprise	NOUN
fbem-30775	12	18	can	can	AUX
fbem-30775	12	19	not	not	PART
fbem-30775	12	20	only	only	ADV
fbem-30775	12	21	reduce	reduce	VERB
fbem-30775	12	22	operating	operating	NOUN
fbem-30775	12	23	costs	cost	NOUN
fbem-30775	12	24	and	and	CCONJ
fbem-30775	12	25	increase	increase	VERB
fbem-30775	12	26	profits	profit	NOUN
fbem-30775	12	27	,	,	PUNCT
fbem-30775	12	28	but	but	CCONJ
fbem-30775	12	29	also	also	ADV
fbem-30775	12	30	respond	respond	VERB
fbem-30775	12	31	to	to	ADP
fbem-30775	12	32	the	the	DET
fbem-30775	12	33	national	national	ADJ
fbem-30775	12	34	green	green	PROPN
fbem-30775	12	35	development	development	PROPN
fbem-30775	12	36	concept	concept	NOUN
fbem-30775	12	37	and	and	CCONJ
fbem-30775	12	38	enhance	enhance	VERB
fbem-30775	12	39	brand	brand	NOUN
fbem-30775	12	40	image	image	NOUN
fbem-30775	12	41	;	;	PUNCT
fbem-30775	12	42	secondly	secondly	ADV
fbem-30775	12	43	,	,	PUNCT
fbem-30775	12	44	from	from	ADP
fbem-30775	12	45	a	a	DET
fbem-30775	12	46	social	social	ADJ
fbem-30775	12	47	perspective	perspective	NOUN
fbem-30775	12	48	,	,	PUNCT
fbem-30775	12	49	actively	actively	ADV
fbem-30775	12	50	fulfilling	fulfil	VERB
fbem-30775	12	51	social	social	ADJ
fbem-30775	12	52	responsibilities	responsibility	NOUN
fbem-30775	12	53	,	,	PUNCT
fbem-30775	12	54	improving	improve	VERB
fbem-30775	12	55	employee	employee	NOUN
fbem-30775	12	56	welfare	welfare	NOUN
fbem-30775	12	57	,	,	PUNCT
fbem-30775	12	58	and	and	CCONJ
fbem-30775	12	59	enhancing	enhance	VERB
fbem-30775	12	60	consumer	consumer	NOUN
fbem-30775	12	61	satisfaction	satisfaction	NOUN
fbem-30775	12	62	can	can	AUX
fbem-30775	12	63	not	not	PART
fbem-30775	12	64	only	only	ADV
fbem-30775	12	65	increase	increase	VERB
fbem-30775	12	66	social	social	ADJ
fbem-30775	12	67	contribution	contribution	NOUN
fbem-30775	12	68	but	but	CCONJ
fbem-30775	12	69	also	also	ADV
fbem-30775	12	70	contribute	contribute	VERB
fbem-30775	12	71	to	to	ADP
fbem-30775	12	72	improving	improve	VERB
fbem-30775	12	73	financial	financial	ADJ
fbem-30775	12	74	performance	performance	NOUN
fbem-30775	12	75	;	;	PUNCT
fbem-30775	12	76	finally	finally	ADV
fbem-30775	12	77	,	,	PUNCT
fbem-30775	12	78	from	from	ADP
fbem-30775	12	79	the	the	DET
fbem-30775	12	80	perspective	perspective	NOUN
fbem-30775	12	81	of	of	ADP
fbem-30775	12	82	corporate	corporate	ADJ
fbem-30775	12	83	governance	governance	NOUN
fbem-30775	12	84	,	,	PUNCT
fbem-30775	12	85	companies	company	NOUN
fbem-30775	12	86	that	that	PRON
fbem-30775	12	87	focus	focus	VERB
fbem-30775	12	88	on	on	ADP
fbem-30775	12	89	improving	improve	VERB
fbem-30775	12	90	their	their	PRON
fbem-30775	12	91	corporate	corporate	ADJ
fbem-30775	12	92	governance	governance	NOUN
fbem-30775	12	93	structure	structure	NOUN
fbem-30775	12	94	and	and	CCONJ
fbem-30775	12	95	strengthening	strengthen	VERB
fbem-30775	12	96	corporate	corporate	ADJ
fbem-30775	12	97	governance	governance	NOUN
fbem-30775	12	98	will	will	AUX
fbem-30775	12	99	greatly	greatly	ADV
fbem-30775	12	100	enhance	enhance	VERB
fbem-30775	12	101	their	their	PRON
fbem-30775	12	102	decision	decision	NOUN
fbem-30775	12	103	-	-	PUNCT
fbem-30775	12	104	making	make	VERB
fbem-30775	12	105	efficiency	efficiency	NOUN
fbem-30775	12	106	and	and	CCONJ
fbem-30775	12	107	execution	execution	NOUN
fbem-30775	12	108	capabilities	capability	NOUN
fbem-30775	12	109	,	,	PUNCT
fbem-30775	12	110	promote	promote	VERB
fbem-30775	12	111	stable	stable	ADJ
fbem-30775	12	112	development	development	NOUN
fbem-30775	12	113	,	,	PUNCT
fbem-30775	12	114	and	and	CCONJ
fbem-30775	12	115	improve	improve	VERB
fbem-30775	12	116	profitability	profitability	NOUN
fbem-30775	12	117	.	.	PUNCT
fbem-30775	13	1	in	in	ADP
fbem-30775	13	2	recent	recent	ADJ
fbem-30775	13	3	years	year	NOUN
fbem-30775	13	4	,	,	PUNCT
fbem-30775	13	5	esg	esg	PROPN
fbem-30775	13	6	concepts	concept	NOUN
fbem-30775	13	7	have	have	AUX
fbem-30775	13	8	become	become	VERB
fbem-30775	13	9	a	a	DET
fbem-30775	13	10	focus	focus	NOUN
fbem-30775	13	11	of	of	ADP
fbem-30775	13	12	attention	attention	NOUN
fbem-30775	13	13	in	in	ADP
fbem-30775	13	14	the	the	DET
fbem-30775	13	15	capital	capital	NOUN
fbem-30775	13	16	market	market	NOUN
fbem-30775	13	17	.	.	PUNCT
fbem-30775	14	1	more	more	ADJ
fbem-30775	14	2	and	and	CCONJ
fbem-30775	14	3	more	more	ADJ
fbem-30775	14	4	companies	company	NOUN
fbem-30775	14	5	are	be	AUX
fbem-30775	14	6	integrating	integrate	VERB
fbem-30775	14	7	esg	esg	NOUN
fbem-30775	14	8	concepts	concept	NOUN
fbem-30775	14	9	into	into	ADP
fbem-30775	14	10	their	their	PRON
fbem-30775	14	11	development	development	NOUN
fbem-30775	14	12	strategies	strategy	NOUN
fbem-30775	14	13	,	,	PUNCT
fbem-30775	14	14	further	far	ADV
fbem-30775	14	15	deepening	deepen	VERB
fbem-30775	14	16	and	and	CCONJ
fbem-30775	14	17	expanding	expand	VERB
fbem-30775	14	18	esg	esg	NOUN
fbem-30775	14	19	concepts	concept	NOUN
fbem-30775	14	20	.	.	PUNCT
fbem-30775	15	1	more	more	ADJ
fbem-30775	15	2	and	and	CCONJ
fbem-30775	15	3	more	more	ADJ
fbem-30775	15	4	scholars	scholar	NOUN
fbem-30775	15	5	are	be	AUX
fbem-30775	15	6	actively	actively	ADV
fbem-30775	15	7	conducting	conduct	VERB
fbem-30775	15	8	research	research	NOUN
fbem-30775	15	9	on	on	ADP
fbem-30775	15	10	esg	esg	PROPN
fbem-30775	15	11	,	,	PUNCT
fbem-30775	15	12	combining	combine	VERB
fbem-30775	15	13	different	different	ADJ
fbem-30775	15	14	cases	case	NOUN
fbem-30775	15	15	to	to	PART
fbem-30775	15	16	explore	explore	VERB
fbem-30775	15	17	the	the	DET
fbem-30775	15	18	relationship	relationship	NOUN
fbem-30775	15	19	between	between	ADP
fbem-30775	15	20	esg	esg	PROPN
fbem-30775	15	21	concepts	concept	NOUN
fbem-30775	15	22	,	,	PUNCT
fbem-30775	15	23	information	information	NOUN
fbem-30775	15	24	disclosure	disclosure	NOUN
fbem-30775	15	25	,	,	PUNCT
fbem-30775	15	26	and	and	CCONJ
fbem-30775	15	27	corporate	corporate	ADJ
fbem-30775	15	28	financial	financial	ADJ
fbem-30775	15	29	performance	performance	NOUN
fbem-30775	15	30	.	.	PUNCT
fbem-30775	16	1	ren	ren	PROPN
fbem-30775	16	2	zixian	zixian	PROPN
fbem-30775	16	3	,	,	PUNCT
fbem-30775	16	4	gu	gu	PROPN
fbem-30775	16	5	shuchang	shuchang	PROPN
fbem-30775	16	6	,	,	PUNCT
fbem-30775	16	7	and	and	CCONJ
fbem-30775	16	8	others	other	NOUN
fbem-30775	16	9	(	(	PUNCT
fbem-30775	16	10	2020	2020	NUM
fbem-30775	16	11	)	)	PUNCT
fbem-30775	16	12	,	,	PUNCT
fbem-30775	16	13	starting	start	VERB
fbem-30775	16	14	from	from	ADP
fbem-30775	16	15	the	the	DET
fbem-30775	16	16	perspective	perspective	NOUN
fbem-30775	16	17	of	of	ADP
fbem-30775	16	18	coordinating	coordinate	VERB
fbem-30775	16	19	economic	economic	ADJ
fbem-30775	16	20	development	development	NOUN
fbem-30775	16	21	and	and	CCONJ
fbem-30775	16	22	environmental	environmental	ADJ
fbem-30775	16	23	protection	protection	NOUN
fbem-30775	16	24	,	,	PUNCT
fbem-30775	16	25	combined	combine	VERB
fbem-30775	16	26	with	with	ADP
fbem-30775	16	27	the	the	DET
fbem-30775	16	28	annual	annual	ADJ
fbem-30775	16	29	report	report	NOUN
fbem-30775	16	30	data	datum	NOUN
fbem-30775	16	31	of	of	ADP
fbem-30775	16	32	listed	list	VERB
fbem-30775	16	33	companies	company	NOUN
fbem-30775	16	34	in	in	ADP
fbem-30775	16	35	china	china	PROPN
fbem-30775	16	36	from	from	ADP
fbem-30775	16	37	2015	2015	NUM
fbem-30775	16	38	to	to	ADP
fbem-30775	16	39	2019	2019	NUM
fbem-30775	16	40	,	,	PUNCT
fbem-30775	16	41	empirically	empirically	ADV
fbem-30775	16	42	studied	study	VERB
fbem-30775	16	43	and	and	CCONJ
fbem-30775	16	44	proved	prove	VERB
fbem-30775	16	45	that	that	SCONJ
fbem-30775	16	46	there	there	PRON
fbem-30775	16	47	is	be	VERB
fbem-30775	16	48	a	a	DET
fbem-30775	16	49	significant	significant	ADJ
fbem-30775	16	50	positive	positive	ADJ
fbem-30775	16	51	correlation	correlation	NOUN
fbem-30775	16	52	between	between	ADP
fbem-30775	16	53	corporate	corporate	ADJ
fbem-30775	16	54	esg	esg	NOUN
fbem-30775	16	55	performance	performance	NOUN
fbem-30775	16	56	and	and	CCONJ
fbem-30775	16	57	financial	financial	ADJ
fbem-30775	16	58	performance	performance	NOUN
fbem-30775	16	59	.	.	PUNCT
fbem-30775	17	1	they	they	PRON
fbem-30775	17	2	suggested	suggest	VERB
fbem-30775	17	3	that	that	SCONJ
fbem-30775	17	4	companies	company	NOUN
fbem-30775	17	5	should	should	AUX
fbem-30775	17	6	deepen	deepen	VERB
fbem-30775	17	7	their	their	PRON
fbem-30775	17	8	esg	esg	NOUN
fbem-30775	17	9	management	management	NOUN
fbem-30775	17	10	concepts	concept	NOUN
fbem-30775	17	11	and	and	CCONJ
fbem-30775	17	12	formulate	formulate	VERB
fbem-30775	17	13	corresponding	corresponding	ADJ
fbem-30775	17	14	policies	policy	NOUN
fbem-30775	17	15	to	to	PART
fbem-30775	17	16	promote	promote	VERB
fbem-30775	17	17	the	the	DET
fbem-30775	17	18	development	development	NOUN
fbem-30775	17	19	of	of	ADP
fbem-30775	17	20	esg	esg	PROPN
fbem-30775	17	21	in	in	ADP
fbem-30775	17	22	the	the	DET
fbem-30775	17	23	future	future	NOUN
fbem-30775	17	24	;	;	PUNCT
fbem-30775	17	25	sun	sun	PROPN
fbem-30775	17	26	hui	hui	PROPN
fbem-30775	17	27	and	and	CCONJ
fbem-30775	17	28	zhu	zhu	PROPN
fbem-30775	17	29	shusen	shusen	NOUN
fbem-30775	17	30	(	(	PUNCT
fbem-30775	17	31	2023	2023	NUM
fbem-30775	17	32	)	)	PUNCT
fbem-30775	17	33	believe	believe	VERB
fbem-30775	17	34	that	that	SCONJ
fbem-30775	17	35	there	there	PRON
fbem-30775	17	36	is	be	VERB
fbem-30775	17	37	a	a	DET
fbem-30775	17	38	compensatory	compensatory	ADJ
fbem-30775	17	39	effect	effect	NOUN
fbem-30775	17	40	of	of	ADP
fbem-30775	17	41	corporate	corporate	ADJ
fbem-30775	17	42	esg	esg	NOUN
fbem-30775	17	43	performance	performance	NOUN
fbem-30775	17	44	on	on	ADP
fbem-30775	17	45	financial	financial	ADJ
fbem-30775	17	46	performance	performance	NOUN
fbem-30775	17	47	.	.	PUNCT
fbem-30775	18	1	when	when	SCONJ
fbem-30775	18	2	a	a	DET
fbem-30775	18	3	company	company	NOUN
fbem-30775	18	4	's	's	PART
fbem-30775	18	5	financial	financial	ADJ
fbem-30775	18	6	performance	performance	NOUN
fbem-30775	18	7	falls	fall	VERB
fbem-30775	18	8	below	below	ADP
fbem-30775	18	9	the	the	DET
fbem-30775	18	10	expected	expect	VERB
fbem-30775	18	11	level	level	NOUN
fbem-30775	18	12	,	,	PUNCT
fbem-30775	18	13	esg	esg	NOUN
fbem-30775	18	14	performance	performance	NOUN
fbem-30775	18	15	becomes	become	VERB
fbem-30775	18	16	an	an	DET
fbem-30775	18	17	important	important	ADJ
fbem-30775	18	18	means	mean	NOUN
fbem-30775	18	19	of	of	ADP
fbem-30775	18	20	improving	improve	VERB
fbem-30775	18	21	the	the	DET
fbem-30775	18	22	company	company	NOUN
fbem-30775	18	23	's	's	PART
fbem-30775	18	24	financial	financial	ADJ
fbem-30775	18	25	performance	performance	NOUN
fbem-30775	18	26	;	;	PUNCT
fbem-30775	18	27	wang	wang	PROPN
fbem-30775	18	28	dian	dian	PROPN
fbem-30775	18	29	(	(	PUNCT
fbem-30775	18	30	2023	2023	NUM
fbem-30775	18	31	)	)	PUNCT
fbem-30775	18	32	believes	believe	VERB
fbem-30775	18	33	that	that	SCONJ
fbem-30775	18	34	good	good	ADJ
fbem-30775	18	35	esg	esg	PROPN
fbem-30775	18	36	performance	performance	NOUN
fbem-30775	18	37	can	can	AUX
fbem-30775	18	38	enhance	enhance	VERB
fbem-30775	18	39	a	a	DET
fbem-30775	18	40	company	company	NOUN
fbem-30775	18	41	's	's	PART
fbem-30775	18	42	reputation	reputation	NOUN
fbem-30775	18	43	,	,	PUNCT
fbem-30775	18	44	establish	establish	VERB
fbem-30775	18	45	a	a	DET
fbem-30775	18	46	positive	positive	ADJ
fbem-30775	18	47	image	image	NOUN
fbem-30775	18	48	among	among	ADP
fbem-30775	18	49	stakeholders	stakeholder	NOUN
fbem-30775	18	50	,	,	PUNCT
fbem-30775	18	51	and	and	CCONJ
fbem-30775	18	52	gain	gain	VERB
fbem-30775	18	53	more	more	ADJ
fbem-30775	18	54	support	support	NOUN
fbem-30775	18	55	and	and	CCONJ
fbem-30775	18	56	recognition	recognition	NOUN
fbem-30775	18	57	;	;	PUNCT
fbem-30775	18	58	chen	chen	PROPN
fbem-30775	18	59	nana	nana	PROPN
fbem-30775	18	60	(	(	PUNCT
fbem-30775	18	61	2025	2025	NUM
fbem-30775	18	62	)	)	PUNCT
fbem-30775	18	63	selected	select	VERB
fbem-30775	18	64	yili	yili	NOUN
fbem-30775	18	65	group	group	NOUN
fbem-30775	18	66	as	as	ADP
fbem-30775	18	67	the	the	DET
fbem-30775	18	68	case	case	NOUN
fbem-30775	18	69	study	study	NOUN
fbem-30775	18	70	object	object	NOUN
fbem-30775	18	71	and	and	CCONJ
fbem-30775	18	72	demonstrated	demonstrate	VERB
fbem-30775	18	73	that	that	SCONJ
fbem-30775	18	74	good	good	ADJ
fbem-30775	18	75	esg	esg	PROPN
fbem-30775	18	76	performance	performance	NOUN
fbem-30775	18	77	has	have	VERB
fbem-30775	18	78	a	a	DET
fbem-30775	18	79	positive	positive	ADJ
fbem-30775	18	80	effect	effect	NOUN
fbem-30775	18	81	on	on	ADP
fbem-30775	18	82	the	the	DET
fbem-30775	18	83	improvement	improvement	NOUN
fbem-30775	18	84	of	of	ADP
fbem-30775	18	85	corporate	corporate	ADJ
fbem-30775	18	86	financial	financial	ADJ
fbem-30775	18	87	performance	performance	NOUN
fbem-30775	18	88	,	,	PUNCT
fbem-30775	18	89	which	which	PRON
fbem-30775	18	90	helps	help	VERB
fbem-30775	18	91	promote	promote	VERB
fbem-30775	18	92	the	the	DET
fbem-30775	18	93	green	green	ADJ
fbem-30775	18	94	transformation	transformation	NOUN
fbem-30775	18	95	and	and	CCONJ
fbem-30775	18	96	sustainable	sustainable	ADJ
fbem-30775	18	97	development	development	NOUN
fbem-30775	18	98	of	of	ADP
fbem-30775	18	99	enterprises	enterprise	NOUN
fbem-30775	18	100	;	;	PUNCT
fbem-30775	18	101	khan	khan	PROPN
fbem-30775	18	102	et	et	PROPN
fbem-30775	18	103	al	al	PROPN
fbem-30775	18	104	.	.	PROPN
fbem-30775	19	1	(	(	PUNCT
fbem-30775	19	2	2016	2016	NUM
fbem-30775	19	3	)	)	PUNCT
fbem-30775	19	4	proposed	propose	VERB
fbem-30775	19	5	that	that	SCONJ
fbem-30775	19	6	companies	company	NOUN
fbem-30775	19	7	with	with	ADP
fbem-30775	19	8	excellent	excellent	ADJ
fbem-30775	19	9	esg	esg	NOUN
fbem-30775	19	10	performance	performance	NOUN
fbem-30775	19	11	have	have	VERB
fbem-30775	19	12	advantages	advantage	NOUN
fbem-30775	19	13	in	in	ADP
fbem-30775	19	14	terms	term	NOUN
fbem-30775	19	15	of	of	ADP
fbem-30775	19	16	capital	capital	NOUN
fbem-30775	19	17	costs	cost	NOUN
fbem-30775	19	18	,	,	PUNCT
fbem-30775	19	19	stock	stock	NOUN
fbem-30775	19	20	price	price	NOUN
fbem-30775	19	21	fluctuations	fluctuation	NOUN
fbem-30775	19	22	,	,	PUNCT
fbem-30775	19	23	and	and	CCONJ
fbem-30775	19	24	other	other	ADJ
fbem-30775	19	25	aspects	aspect	NOUN
fbem-30775	19	26	;	;	PUNCT
fbem-30775	19	27	flammer	flammer	PROPN
fbem-30775	19	28	et	et	PROPN
fbem-30775	19	29	al	al	PROPN
fbem-30775	19	30	.	.	PROPN
fbem-30775	20	1	(	(	PUNCT
fbem-30775	20	2	2023	2023	NUM
fbem-30775	20	3	)	)	PUNCT
fbem-30775	20	4	found	find	VERB
fbem-30775	20	5	through	through	ADP
fbem-30775	20	6	tracking	track	VERB
fbem-30775	20	7	s&p	s&p	PROPN
fbem-30775	20	8	500	500	NUM
fbem-30775	20	9	companies	company	NOUN
fbem-30775	20	10	that	that	PRON
fbem-30775	20	11	companies	company	NOUN
fbem-30775	20	12	with	with	ADP
fbem-30775	20	13	excellent	excellent	ADJ
fbem-30775	20	14	esg	esg	NOUN
fbem-30775	20	15	performance	performance	NOUN
fbem-30775	20	16	experienced	experience	VERB
fbem-30775	20	17	significant	significant	ADJ
fbem-30775	20	18	fluctuations	fluctuation	NOUN
fbem-30775	20	19	in	in	ADP
fbem-30775	20	20	stock	stock	NOUN
fbem-30775	20	21	prices	price	NOUN
fbem-30775	20	22	during	during	ADP
fbem-30775	20	23	the	the	DET
fbem-30775	20	24	pandemic	pandemic	NOUN
fbem-30775	20	25	,	,	PUNCT
fbem-30775	20	26	and	and	CCONJ
fbem-30775	20	27	their	their	PRON
fbem-30775	20	28	long	long	ADJ
fbem-30775	20	29	-	-	PUNCT
fbem-30775	20	30	term	term	NOUN
fbem-30775	20	31	shareholder	shareholder	NOUN
fbem-30775	20	32	returns	return	NOUN
fbem-30775	20	33	were	be	AUX
fbem-30775	20	34	significantly	significantly	ADV
fbem-30775	20	35	higher	high	ADJ
fbem-30775	20	36	than	than	ADP
fbem-30775	20	37	the	the	DET
fbem-30775	20	38	industry	industry	NOUN
fbem-30775	20	39	average	average	NOUN
fbem-30775	20	40	;	;	PUNCT
fbem-30775	20	41	garcia	garcia	PROPN
fbem-30775	20	42	et	et	PROPN
fbem-30775	20	43	al	al	PROPN
fbem-30775	20	44	.	.	PROPN
fbem-30775	21	1	(	(	PUNCT
fbem-30775	21	2	2023	2023	NUM
fbem-30775	21	3	)	)	PUNCT
fbem-30775	21	4	proposed	propose	VERB
fbem-30775	21	5	that	that	SCONJ
fbem-30775	21	6	esg	esg	PROPN
fbem-30775	21	7	practices	practice	NOUN
fbem-30775	21	8	can	can	AUX
fbem-30775	21	9	reduce	reduce	VERB
fbem-30775	21	10	the	the	DET
fbem-30775	21	11	risk	risk	NOUN
fbem-30775	21	12	of	of	ADP
fbem-30775	21	13	supply	supply	NOUN
fbem-30775	21	14	chain	chain	NOUN
fbem-30775	21	15	disruptions	disruption	NOUN
fbem-30775	21	16	and	and	CCONJ
fbem-30775	21	17	indirectly	indirectly	ADV
fbem-30775	21	18	enhance	enhance	VERB
fbem-30775	21	19	corporate	corporate	ADJ
fbem-30775	21	20	profitability	profitability	NOUN
fbem-30775	21	21	.	.	PUNCT
fbem-30775	22	1	research	research	NOUN
fbem-30775	22	2	on	on	ADP
fbem-30775	22	3	esg	esg	PROPN
fbem-30775	22	4	in	in	ADP
fbem-30775	22	5	foreign	foreign	ADJ
fbem-30775	22	6	countries	country	NOUN
fbem-30775	22	7	started	start	VERB
fbem-30775	22	8	earlier	early	ADV
fbem-30775	22	9	than	than	ADP
fbem-30775	22	10	in	in	ADP
fbem-30775	22	11	china	china	PROPN
fbem-30775	22	12	,	,	PUNCT
fbem-30775	22	13	and	and	CCONJ
fbem-30775	22	14	there	there	PRON
fbem-30775	22	15	is	be	VERB
fbem-30775	22	16	also	also	ADV
fbem-30775	22	17	a	a	DET
fbem-30775	22	18	wealth	wealth	NOUN
fbem-30775	22	19	of	of	ADP
fbem-30775	22	20	theoretical	theoretical	ADJ
fbem-30775	22	21	and	and	CCONJ
fbem-30775	22	22	empirical	empirical	ADJ
fbem-30775	22	23	research	research	NOUN
fbem-30775	22	24	.	.	PUNCT
fbem-30775	23	1	the	the	DET
fbem-30775	23	2	study	study	NOUN
fbem-30775	23	3	of	of	ADP
fbem-30775	23	4	esg	esg	PROPN
fbem-30775	23	5	and	and	CCONJ
fbem-30775	23	6	corporate	corporate	ADJ
fbem-30775	23	7	financial	financial	ADJ
fbem-30775	23	8	performance	performance	NOUN
fbem-30775	23	9	is	be	AUX
fbem-30775	23	10	constrained	constrain	VERB
fbem-30775	23	11	by	by	ADP
fbem-30775	23	12	sample	sample	NOUN
fbem-30775	23	13	selection	selection	NOUN
fbem-30775	23	14	,	,	PUNCT
fbem-30775	23	15	methodology	methodology	NOUN
fbem-30775	23	16	,	,	PUNCT
fbem-30775	23	17	and	and	CCONJ
fbem-30775	23	18	situational	situational	ADJ
fbem-30775	23	19	factors	factor	NOUN
fbem-30775	23	20	.	.	PUNCT
fbem-30775	24	1	different	different	ADJ
fbem-30775	24	2	scholars	scholar	NOUN
fbem-30775	24	3	have	have	VERB
fbem-30775	24	4	different	different	ADJ
fbem-30775	24	5	views	view	NOUN
fbem-30775	24	6	on	on	ADP
fbem-30775	24	7	it	it	PRON
fbem-30775	24	8	,	,	PUNCT
fbem-30775	24	9	and	and	CCONJ
fbem-30775	24	10	some	some	DET
fbem-30775	24	11	scholars	scholar	NOUN
fbem-30775	24	12	believe	believe	VERB
fbem-30775	24	13	that	that	SCONJ
fbem-30775	24	14	esg	esg	PROPN
fbem-30775	24	15	performance	performance	NOUN
fbem-30775	24	16	is	be	AUX
fbem-30775	24	17	negatively	negatively	ADV
fbem-30775	24	18	correlated	correlate	VERB
fbem-30775	24	19	with	with	ADP
fbem-30775	24	20	corporate	corporate	ADJ
fbem-30775	24	21	financial	financial	ADJ
fbem-30775	24	22	performance	performance	NOUN
fbem-30775	24	23	,	,	PUNCT
fbem-30775	24	24	but	but	CCONJ
fbem-30775	24	25	most	most	ADJ
fbem-30775	24	26	still	still	ADV
fbem-30775	24	27	believe	believe	VERB
fbem-30775	24	28	that	that	SCONJ
fbem-30775	24	29	the	the	DET
fbem-30775	24	30	two	two	NUM
fbem-30775	24	31	have	have	VERB
fbem-30775	24	32	a	a	DET
fbem-30775	24	33	positive	positive	ADJ
fbem-30775	24	34	relationship	relationship	NOUN
fbem-30775	24	35	.	.	PUNCT
fbem-30775	25	1	it	it	PRON
fbem-30775	25	2	is	be	AUX
fbem-30775	25	3	recommended	recommend	VERB
fbem-30775	25	4	that	that	SCONJ
fbem-30775	25	5	companies	company	NOUN
fbem-30775	25	6	153	153	NUM
fbem-30775	25	7	actively	actively	ADV
fbem-30775	25	8	deepen	deepen	VERB
fbem-30775	25	9	their	their	PRON
fbem-30775	25	10	esg	esg	NOUN
fbem-30775	25	11	practices	practice	NOUN
fbem-30775	25	12	.	.	PUNCT
fbem-30775	26	1	the	the	DET
fbem-30775	26	2	esg	esg	PROPN
fbem-30775	26	3	concept	concept	NOUN
fbem-30775	26	4	emphasizes	emphasize	VERB
fbem-30775	26	5	the	the	DET
fbem-30775	26	6	performance	performance	NOUN
fbem-30775	26	7	of	of	ADP
fbem-30775	26	8	enterprises	enterprise	NOUN
fbem-30775	26	9	in	in	ADP
fbem-30775	26	10	environmental	environmental	ADJ
fbem-30775	26	11	,	,	PUNCT
fbem-30775	26	12	social	social	ADJ
fbem-30775	26	13	responsibility	responsibility	NOUN
fbem-30775	26	14	,	,	PUNCT
fbem-30775	26	15	and	and	CCONJ
fbem-30775	26	16	corporate	corporate	ADJ
fbem-30775	26	17	governance	governance	NOUN
fbem-30775	26	18	.	.	PUNCT
fbem-30775	27	1	it	it	PRON
fbem-30775	27	2	not	not	PART
fbem-30775	27	3	only	only	ADV
fbem-30775	27	4	requires	require	VERB
fbem-30775	27	5	enterprises	enterprise	NOUN
fbem-30775	27	6	to	to	PART
fbem-30775	27	7	increase	increase	VERB
fbem-30775	27	8	research	research	NOUN
fbem-30775	27	9	and	and	CCONJ
fbem-30775	27	10	development	development	NOUN
fbem-30775	27	11	of	of	ADP
fbem-30775	27	12	green	green	ADJ
fbem-30775	27	13	technologies	technology	NOUN
fbem-30775	27	14	,	,	PUNCT
fbem-30775	27	15	increase	increase	VERB
fbem-30775	27	16	investment	investment	NOUN
fbem-30775	27	17	in	in	ADP
fbem-30775	27	18	environmental	environmental	ADJ
fbem-30775	27	19	protection	protection	NOUN
fbem-30775	27	20	,	,	PUNCT
fbem-30775	27	21	actively	actively	ADV
fbem-30775	27	22	respond	respond	VERB
fbem-30775	27	23	to	to	ADP
fbem-30775	27	24	the	the	DET
fbem-30775	27	25	demands	demand	NOUN
fbem-30775	27	26	of	of	ADP
fbem-30775	27	27	communities	community	NOUN
fbem-30775	27	28	,	,	PUNCT
fbem-30775	27	29	governments	government	NOUN
fbem-30775	27	30	,	,	PUNCT
fbem-30775	27	31	and	and	CCONJ
fbem-30775	27	32	the	the	DET
fbem-30775	27	33	public	public	NOUN
fbem-30775	27	34	for	for	ADP
fbem-30775	27	35	ecological	ecological	ADJ
fbem-30775	27	36	protection	protection	NOUN
fbem-30775	27	37	,	,	PUNCT
fbem-30775	27	38	but	but	CCONJ
fbem-30775	27	39	also	also	ADV
fbem-30775	27	40	requires	require	VERB
fbem-30775	27	41	enterprises	enterprise	NOUN
fbem-30775	27	42	to	to	PART
fbem-30775	27	43	focus	focus	VERB
fbem-30775	27	44	on	on	ADP
fbem-30775	27	45	improving	improve	VERB
fbem-30775	27	46	employee	employee	NOUN
fbem-30775	27	47	welfare	welfare	NOUN
fbem-30775	27	48	,	,	PUNCT
fbem-30775	27	49	increasing	increase	VERB
fbem-30775	27	50	consumer	consumer	NOUN
fbem-30775	27	51	satisfaction	satisfaction	NOUN
fbem-30775	27	52	,	,	PUNCT
fbem-30775	27	53	actively	actively	ADV
fbem-30775	27	54	fulfilling	fulfil	VERB
fbem-30775	27	55	social	social	ADJ
fbem-30775	27	56	responsibilities	responsibility	NOUN
fbem-30775	27	57	,	,	PUNCT
fbem-30775	27	58	and	and	CCONJ
fbem-30775	27	59	strengthening	strengthen	VERB
fbem-30775	27	60	corporate	corporate	ADJ
fbem-30775	27	61	governance	governance	NOUN
fbem-30775	27	62	to	to	PART
fbem-30775	27	63	meet	meet	VERB
fbem-30775	27	64	the	the	DET
fbem-30775	27	65	expectations	expectation	NOUN
fbem-30775	27	66	of	of	ADP
fbem-30775	27	67	shareholders	shareholder	NOUN
fbem-30775	27	68	and	and	CCONJ
fbem-30775	27	69	regulatory	regulatory	ADJ
fbem-30775	27	70	agencies	agency	NOUN
fbem-30775	27	71	through	through	ADP
fbem-30775	27	72	transparent	transparent	ADJ
fbem-30775	27	73	management	management	NOUN
fbem-30775	27	74	.	.	PUNCT
fbem-30775	28	1	actively	actively	ADV
fbem-30775	28	2	practicing	practice	VERB
fbem-30775	28	3	esg	esg	NOUN
fbem-30775	28	4	practices	practice	NOUN
fbem-30775	28	5	in	in	ADP
fbem-30775	28	6	enterprises	enterprise	NOUN
fbem-30775	28	7	is	be	AUX
fbem-30775	28	8	conducive	conducive	ADJ
fbem-30775	28	9	to	to	ADP
fbem-30775	28	10	meeting	meet	VERB
fbem-30775	28	11	the	the	DET
fbem-30775	28	12	needs	need	NOUN
fbem-30775	28	13	of	of	ADP
fbem-30775	28	14	multiple	multiple	ADJ
fbem-30775	28	15	stakeholders	stakeholder	NOUN
fbem-30775	28	16	,	,	PUNCT
fbem-30775	28	17	maximizing	maximize	VERB
fbem-30775	28	18	enterprise	enterprise	NOUN
fbem-30775	28	19	value	value	NOUN
fbem-30775	28	20	,	,	PUNCT
fbem-30775	28	21	and	and	CCONJ
fbem-30775	28	22	ultimately	ultimately	ADV
fbem-30775	28	23	transforming	transform	VERB
fbem-30775	28	24	it	it	PRON
fbem-30775	28	25	into	into	ADP
fbem-30775	28	26	financial	financial	ADJ
fbem-30775	28	27	performance	performance	NOUN
fbem-30775	28	28	through	through	ADP
fbem-30775	28	29	reputation	reputation	NOUN
fbem-30775	28	30	accumulation	accumulation	NOUN
fbem-30775	28	31	,	,	PUNCT
fbem-30775	28	32	risk	risk	NOUN
fbem-30775	28	33	control	control	NOUN
fbem-30775	28	34	,	,	PUNCT
fbem-30775	28	35	and	and	CCONJ
fbem-30775	28	36	resource	resource	NOUN
fbem-30775	28	37	integration	integration	NOUN
fbem-30775	28	38	.	.	PUNCT
fbem-30775	29	1	this	this	DET
fbem-30775	29	2	article	article	NOUN
fbem-30775	29	3	takes	take	VERB
fbem-30775	29	4	pinduoduo	pinduoduo	NOUN
fbem-30775	29	5	as	as	ADP
fbem-30775	29	6	an	an	DET
fbem-30775	29	7	example	example	NOUN
fbem-30775	29	8	to	to	PART
fbem-30775	29	9	study	study	VERB
fbem-30775	29	10	the	the	DET
fbem-30775	29	11	impact	impact	NOUN
fbem-30775	29	12	of	of	ADP
fbem-30775	29	13	esg	esg	PROPN
fbem-30775	29	14	information	information	NOUN
fbem-30775	29	15	disclosure	disclosure	NOUN
fbem-30775	29	16	on	on	ADP
fbem-30775	29	17	corporate	corporate	ADJ
fbem-30775	29	18	financial	financial	ADJ
fbem-30775	29	19	performance	performance	NOUN
fbem-30775	29	20	.	.	PUNCT
fbem-30775	30	1	the	the	DET
fbem-30775	30	2	results	result	NOUN
fbem-30775	30	3	show	show	VERB
fbem-30775	30	4	that	that	SCONJ
fbem-30775	30	5	esg	esg	PROPN
fbem-30775	30	6	practices	practice	NOUN
fbem-30775	30	7	of	of	ADP
fbem-30775	30	8	companies	company	NOUN
fbem-30775	30	9	will	will	AUX
fbem-30775	30	10	effectively	effectively	ADV
fbem-30775	30	11	improve	improve	VERB
fbem-30775	30	12	their	their	PRON
fbem-30775	30	13	financial	financial	ADJ
fbem-30775	30	14	performance	performance	NOUN
fbem-30775	30	15	.	.	PUNCT
fbem-30775	31	1	2	2	X
fbem-30775	31	2	.	.	X
fbem-30775	31	3	disclosure	disclosure	NOUN
fbem-30775	31	4	and	and	CCONJ
fbem-30775	31	5	performance	performance	NOUN
fbem-30775	31	6	of	of	ADP
fbem-30775	31	7	esg	esg	PROPN
fbem-30775	31	8	information	information	NOUN
fbem-30775	31	9	by	by	ADP
fbem-30775	31	10	pinduoduo	pinduoduo	ADJ
fbem-30775	31	11	company	company	NOUN
fbem-30775	31	12	2.1	2.1	NUM
fbem-30775	31	13	.	.	PUNCT
fbem-30775	32	1	company	company	NOUN
fbem-30775	32	2	overview	overview	VERB
fbem-30775	32	3	pinduoduo	pinduoduo	ADP
fbem-30775	32	4	holding	holding	PROPN
fbem-30775	32	5	co.	co.	PROPN
fbem-30775	32	6	,	,	PUNCT
fbem-30775	32	7	ltd	ltd	PROPN
fbem-30775	32	8	.	.	PROPN
fbem-30775	32	9	,	,	PUNCT
fbem-30775	32	10	a	a	DET
fbem-30775	32	11	chinese	chinese	PROPN
fbem-30775	32	12	mobile	mobile	PROPN
fbem-30775	32	13	internet	internet	NOUN
fbem-30775	32	14	ecommerce	ecommerce	NOUN
fbem-30775	32	15	platform	platform	NOUN
fbem-30775	32	16	company	company	NOUN
fbem-30775	32	17	,	,	PUNCT
fbem-30775	32	18	was	be	AUX
fbem-30775	32	19	founded	found	VERB
fbem-30775	32	20	in	in	ADP
fbem-30775	32	21	shanghai	shanghai	PROPN
fbem-30775	32	22	in	in	ADP
fbem-30775	32	23	2015	2015	NUM
fbem-30775	32	24	and	and	CCONJ
fbem-30775	32	25	listed	list	VERB
fbem-30775	32	26	on	on	ADP
fbem-30775	32	27	nasdaq	nasdaq	PROPN
fbem-30775	32	28	in	in	ADP
fbem-30775	32	29	july	july	PROPN
fbem-30775	32	30	2018	2018	NUM
fbem-30775	32	31	.	.	PUNCT
fbem-30775	33	1	as	as	ADP
fbem-30775	33	2	a	a	DET
fbem-30775	33	3	pioneer	pioneer	NOUN
fbem-30775	33	4	of	of	ADP
fbem-30775	33	5	new	new	ADJ
fbem-30775	33	6	e	e	NOUN
fbem-30775	33	7	-	-	NOUN
fbem-30775	33	8	commerce	commerce	NOUN
fbem-30775	33	9	,	,	PUNCT
fbem-30775	33	10	pinduoduo	pinduoduo	NOUN
fbem-30775	33	11	started	start	VERB
fbem-30775	33	12	with	with	ADP
fbem-30775	33	13	retail	retail	NOUN
fbem-30775	33	14	of	of	ADP
fbem-30775	33	15	agricultural	agricultural	ADJ
fbem-30775	33	16	products	product	NOUN
fbem-30775	33	17	and	and	CCONJ
fbem-30775	33	18	gradually	gradually	ADV
fbem-30775	33	19	developed	develop	VERB
fbem-30775	33	20	into	into	ADP
fbem-30775	33	21	a	a	DET
fbem-30775	33	22	comprehensive	comprehensive	ADJ
fbem-30775	33	23	ecommerce	ecommerce	NOUN
fbem-30775	33	24	platform	platform	NOUN
fbem-30775	33	25	with	with	ADP
fbem-30775	33	26	agricultural	agricultural	ADJ
fbem-30775	33	27	and	and	CCONJ
fbem-30775	33	28	sideline	sideline	NOUN
fbem-30775	33	29	products	product	NOUN
fbem-30775	33	30	as	as	ADP
fbem-30775	33	31	its	its	PRON
fbem-30775	33	32	distinctive	distinctive	ADJ
fbem-30775	33	33	feature	feature	NOUN
fbem-30775	33	34	.	.	PUNCT
fbem-30775	34	1	it	it	PRON
fbem-30775	34	2	is	be	AUX
fbem-30775	34	3	the	the	DET
fbem-30775	34	4	only	only	ADJ
fbem-30775	34	5	pure	pure	ADJ
fbem-30775	34	6	mobile	mobile	ADJ
fbem-30775	34	7	e	e	PROPN
fbem-30775	34	8	-	-	NOUN
fbem-30775	34	9	commerce	commerce	NOUN
fbem-30775	34	10	platform	platform	NOUN
fbem-30775	34	11	with	with	ADP
fbem-30775	34	12	scale	scale	NOUN
fbem-30775	34	13	in	in	ADP
fbem-30775	34	14	the	the	DET
fbem-30775	34	15	world	world	NOUN
fbem-30775	34	16	.	.	PUNCT
fbem-30775	35	1	pinduoduo	pinduoduo	NOUN
fbem-30775	35	2	focuses	focus	VERB
fbem-30775	35	3	on	on	ADP
fbem-30775	35	4	c2	c2	PROPN
fbem-30775	35	5	m	m	PROPN
fbem-30775	35	6	group	group	NOUN
fbem-30775	35	7	shopping	shopping	NOUN
fbem-30775	35	8	,	,	PUNCT
fbem-30775	35	9	allowing	allow	VERB
fbem-30775	35	10	users	user	NOUN
fbem-30775	35	11	to	to	PART
fbem-30775	35	12	purchase	purchase	VERB
fbem-30775	35	13	products	product	NOUN
fbem-30775	35	14	through	through	ADP
fbem-30775	35	15	group	group	NOUN
fbem-30775	35	16	buying	buying	NOUN
fbem-30775	35	17	.	.	PUNCT
fbem-30775	36	1	this	this	PRON
fbem-30775	36	2	not	not	PART
fbem-30775	36	3	only	only	ADV
fbem-30775	36	4	reduces	reduce	VERB
fbem-30775	36	5	product	product	NOUN
fbem-30775	36	6	prices	price	NOUN
fbem-30775	36	7	,	,	PUNCT
fbem-30775	36	8	but	but	CCONJ
fbem-30775	36	9	also	also	ADV
fbem-30775	36	10	enhances	enhance	VERB
fbem-30775	36	11	user	user	NOUN
fbem-30775	36	12	stickiness	stickiness	NOUN
fbem-30775	36	13	and	and	CCONJ
fbem-30775	36	14	accumulates	accumulate	VERB
fbem-30775	36	15	more	more	ADJ
fbem-30775	36	16	users	user	NOUN
fbem-30775	36	17	.	.	PUNCT
fbem-30775	37	1	for	for	ADP
fbem-30775	37	2	a	a	DET
fbem-30775	37	3	long	long	ADJ
fbem-30775	37	4	time	time	NOUN
fbem-30775	37	5	,	,	PUNCT
fbem-30775	37	6	pinduoduo	pinduoduo	NOUN
fbem-30775	37	7	has	have	AUX
fbem-30775	37	8	been	be	AUX
fbem-30775	37	9	committed	commit	VERB
fbem-30775	37	10	to	to	ADP
fbem-30775	37	11	the	the	DET
fbem-30775	37	12	core	core	ADJ
fbem-30775	37	13	values	value	NOUN
fbem-30775	37	14	of	of	ADP
fbem-30775	37	15	"	"	PUNCT
fbem-30775	37	16	inclusiveness	inclusiveness	NOUN
fbem-30775	37	17	,	,	PUNCT
fbem-30775	37	18	people	people	NOUN
fbem-30775	37	19	-	-	PUNCT
fbem-30775	37	20	oriented	orient	VERB
fbem-30775	37	21	,	,	PUNCT
fbem-30775	37	22	and	and	CCONJ
fbem-30775	37	23	more	more	ADJ
fbem-30775	37	24	openness	openness	NOUN
fbem-30775	37	25	"	"	PUNCT
fbem-30775	37	26	,	,	PUNCT
fbem-30775	37	27	integrating	integrate	VERB
fbem-30775	37	28	"	"	PUNCT
fbem-30775	37	29	multiple	multiple	ADJ
fbem-30775	37	30	benefits	benefit	NOUN
fbem-30775	37	31	"	"	PUNCT
fbem-30775	37	32	and	and	CCONJ
fbem-30775	37	33	"	"	PUNCT
fbem-30775	37	34	multiple	multiple	ADJ
fbem-30775	37	35	fun	fun	NOUN
fbem-30775	37	36	"	"	PUNCT
fbem-30775	37	37	.	.	PUNCT
fbem-30775	38	1	through	through	ADP
fbem-30775	38	2	innovative	innovative	ADJ
fbem-30775	38	3	interactive	interactive	ADJ
fbem-30775	38	4	experiences	experience	NOUN
fbem-30775	38	5	,	,	PUNCT
fbem-30775	38	6	pinduoduo	pinduoduo	NOUN
fbem-30775	38	7	has	have	AUX
fbem-30775	38	8	pioneered	pioneer	VERB
fbem-30775	38	9	the	the	DET
fbem-30775	38	10	"	"	PUNCT
fbem-30775	38	11	cloud	cloud	ADJ
fbem-30775	38	12	farming	farming	NOUN
fbem-30775	38	13	of	of	ADP
fbem-30775	38	14	farmland+direct	farmland+direct	ADJ
fbem-30775	38	15	delivery	delivery	NOUN
fbem-30775	38	16	from	from	ADP
fbem-30775	38	17	production	production	NOUN
fbem-30775	38	18	areas	area	NOUN
fbem-30775	38	19	"	"	PUNCT
fbem-30775	38	20	model	model	NOUN
fbem-30775	38	21	,	,	PUNCT
fbem-30775	38	22	established	establish	VERB
fbem-30775	38	23	billion	billion	NUM
fbem-30775	38	24	dollar	dollar	NOUN
fbem-30775	38	25	subsidy	subsidy	NOUN
fbem-30775	38	26	projects	project	NOUN
fbem-30775	38	27	,	,	PUNCT
fbem-30775	38	28	reduced	reduce	VERB
fbem-30775	38	29	transaction	transaction	NOUN
fbem-30775	38	30	costs	cost	NOUN
fbem-30775	38	31	,	,	PUNCT
fbem-30775	38	32	and	and	CCONJ
fbem-30775	38	33	empowered	empower	VERB
fbem-30775	38	34	small	small	ADJ
fbem-30775	38	35	and	and	CCONJ
fbem-30775	38	36	medium	medium	ADJ
fbem-30775	38	37	-	-	PUNCT
fbem-30775	38	38	sized	sized	ADJ
fbem-30775	38	39	enterprises	enterprise	NOUN
fbem-30775	38	40	and	and	CCONJ
fbem-30775	38	41	agriculture	agriculture	NOUN
fbem-30775	38	42	.	.	PUNCT
fbem-30775	39	1	since	since	SCONJ
fbem-30775	39	2	the	the	DET
fbem-30775	39	3	widespread	widespread	ADJ
fbem-30775	39	4	dissemination	dissemination	NOUN
fbem-30775	39	5	of	of	ADP
fbem-30775	39	6	esg	esg	PROPN
fbem-30775	39	7	concepts	concept	NOUN
fbem-30775	39	8	in	in	ADP
fbem-30775	39	9	china	china	PROPN
fbem-30775	39	10	,	,	PUNCT
fbem-30775	39	11	pinduoduo	pinduoduo	NOUN
fbem-30775	39	12	has	have	AUX
fbem-30775	39	13	actively	actively	ADV
fbem-30775	39	14	practiced	practice	VERB
fbem-30775	39	15	its	its	PRON
fbem-30775	39	16	development	development	NOUN
fbem-30775	39	17	philosophy	philosophy	NOUN
fbem-30775	39	18	,	,	PUNCT
fbem-30775	39	19	making	make	VERB
fbem-30775	39	20	concerted	concerted	ADJ
fbem-30775	39	21	efforts	effort	NOUN
fbem-30775	39	22	in	in	ADP
fbem-30775	39	23	environmental	environmental	ADJ
fbem-30775	39	24	,	,	PUNCT
fbem-30775	39	25	social	social	ADJ
fbem-30775	39	26	,	,	PUNCT
fbem-30775	39	27	and	and	CCONJ
fbem-30775	39	28	corporate	corporate	ADJ
fbem-30775	39	29	governance	governance	NOUN
fbem-30775	39	30	aspects	aspect	NOUN
fbem-30775	39	31	,	,	PUNCT
fbem-30775	39	32	and	and	CCONJ
fbem-30775	39	33	taking	take	VERB
fbem-30775	39	34	various	various	ADJ
fbem-30775	39	35	measures	measure	NOUN
fbem-30775	39	36	to	to	PART
fbem-30775	39	37	promote	promote	VERB
fbem-30775	39	38	sustainable	sustainable	ADJ
fbem-30775	39	39	development	development	NOUN
fbem-30775	39	40	.	.	PUNCT
fbem-30775	40	1	however	however	ADV
fbem-30775	40	2	,	,	PUNCT
fbem-30775	40	3	due	due	ADP
fbem-30775	40	4	to	to	ADP
fbem-30775	40	5	internal	internal	ADJ
fbem-30775	40	6	reasons	reason	NOUN
fbem-30775	40	7	,	,	PUNCT
fbem-30775	40	8	the	the	DET
fbem-30775	40	9	latest	late	ADJ
fbem-30775	40	10	esg	esg	NOUN
fbem-30775	40	11	report	report	NOUN
fbem-30775	40	12	is	be	AUX
fbem-30775	40	13	still	still	ADV
fbem-30775	40	14	stuck	stick	VERB
fbem-30775	40	15	in	in	ADP
fbem-30775	40	16	2020	2020	NUM
fbem-30775	40	17	,	,	PUNCT
fbem-30775	40	18	which	which	PRON
fbem-30775	40	19	has	have	AUX
fbem-30775	40	20	led	lead	VERB
fbem-30775	40	21	to	to	ADP
fbem-30775	40	22	a	a	DET
fbem-30775	40	23	continuous	continuous	ADJ
fbem-30775	40	24	decline	decline	NOUN
fbem-30775	40	25	in	in	ADP
fbem-30775	40	26	pinduoduo	pinduoduo	NOUN
fbem-30775	40	27	's	's	PART
fbem-30775	40	28	rating	rating	NOUN
fbem-30775	40	29	when	when	SCONJ
fbem-30775	40	30	facing	face	VERB
fbem-30775	40	31	esg	esg	PROPN
fbem-30775	40	32	institutions	institution	NOUN
fbem-30775	40	33	in	in	ADP
fbem-30775	40	34	china	china	PROPN
fbem-30775	40	35	in	in	ADP
fbem-30775	40	36	recent	recent	ADJ
fbem-30775	40	37	years	year	NOUN
fbem-30775	40	38	.	.	PUNCT
fbem-30775	41	1	due	due	ADP
fbem-30775	41	2	to	to	ADP
fbem-30775	41	3	the	the	DET
fbem-30775	41	4	lack	lack	NOUN
fbem-30775	41	5	of	of	ADP
fbem-30775	41	6	a	a	DET
fbem-30775	41	7	complete	complete	ADJ
fbem-30775	41	8	esg	esg	PROPN
fbem-30775	41	9	development	development	NOUN
fbem-30775	41	10	report	report	NOUN
fbem-30775	41	11	for	for	ADP
fbem-30775	41	12	pinduoduo	pinduoduo	NOUN
fbem-30775	41	13	in	in	ADP
fbem-30775	41	14	recent	recent	ADJ
fbem-30775	41	15	years	year	NOUN
fbem-30775	41	16	,	,	PUNCT
fbem-30775	41	17	this	this	DET
fbem-30775	41	18	article	article	NOUN
fbem-30775	41	19	comprehensively	comprehensively	ADV
fbem-30775	41	20	analyzes	analyze	VERB
fbem-30775	41	21	pinduoduo	pinduoduo	NOUN
fbem-30775	41	22	's	's	PART
fbem-30775	41	23	esg	esg	NOUN
fbem-30775	41	24	performance	performance	NOUN
fbem-30775	41	25	based	base	VERB
fbem-30775	41	26	on	on	ADP
fbem-30775	41	27	the	the	DET
fbem-30775	41	28	company	company	NOUN
fbem-30775	41	29	's	's	PART
fbem-30775	41	30	esg	esg	NOUN
fbem-30775	41	31	report	report	NOUN
fbem-30775	41	32	released	release	VERB
fbem-30775	41	33	in	in	ADP
fbem-30775	41	34	2020	2020	NUM
fbem-30775	41	35	,	,	PUNCT
fbem-30775	41	36	as	as	ADV
fbem-30775	41	37	well	well	ADV
fbem-30775	41	38	as	as	ADP
fbem-30775	41	39	its	its	PRON
fbem-30775	41	40	development	development	NOUN
fbem-30775	41	41	strategy	strategy	NOUN
fbem-30775	41	42	,	,	PUNCT
fbem-30775	41	43	actual	actual	ADJ
fbem-30775	41	44	actions	action	NOUN
fbem-30775	41	45	,	,	PUNCT
fbem-30775	41	46	and	and	CCONJ
fbem-30775	41	47	current	current	ADJ
fbem-30775	41	48	situation	situation	NOUN
fbem-30775	41	49	in	in	ADP
fbem-30775	41	50	recent	recent	ADJ
fbem-30775	41	51	years	year	NOUN
fbem-30775	41	52	.	.	PUNCT
fbem-30775	42	1	2.2	2.2	NUM
fbem-30775	42	2	.	.	PUNCT
fbem-30775	42	3	environmental	environmental	ADJ
fbem-30775	42	4	aspect	aspect	NOUN
fbem-30775	42	5	as	as	ADP
fbem-30775	42	6	one	one	NUM
fbem-30775	42	7	of	of	ADP
fbem-30775	42	8	the	the	DET
fbem-30775	42	9	largest	large	ADJ
fbem-30775	42	10	e	e	NOUN
fbem-30775	42	11	-	-	ADJ
fbem-30775	42	12	commerce	commerce	NOUN
fbem-30775	42	13	platforms	platform	NOUN
fbem-30775	42	14	in	in	ADP
fbem-30775	42	15	china	china	PROPN
fbem-30775	42	16	,	,	PUNCT
fbem-30775	42	17	pinduoduo	pinduoduo	NOUN
fbem-30775	42	18	has	have	AUX
fbem-30775	42	19	always	always	ADV
fbem-30775	42	20	been	be	AUX
fbem-30775	42	21	committed	commit	VERB
fbem-30775	42	22	to	to	ADP
fbem-30775	42	23	the	the	DET
fbem-30775	42	24	concept	concept	NOUN
fbem-30775	42	25	of	of	ADP
fbem-30775	42	26	sustainable	sustainable	ADJ
fbem-30775	42	27	development	development	NOUN
fbem-30775	42	28	and	and	CCONJ
fbem-30775	42	29	environmental	environmental	ADJ
fbem-30775	42	30	protection	protection	NOUN
fbem-30775	42	31	,	,	PUNCT
fbem-30775	42	32	reducing	reduce	VERB
fbem-30775	42	33	pollution	pollution	NOUN
fbem-30775	42	34	and	and	CCONJ
fbem-30775	42	35	carbon	carbon	NOUN
fbem-30775	42	36	emissions	emission	NOUN
fbem-30775	42	37	from	from	ADP
fbem-30775	42	38	the	the	DET
fbem-30775	42	39	root	root	NOUN
fbem-30775	42	40	,	,	PUNCT
fbem-30775	42	41	and	and	CCONJ
fbem-30775	42	42	contributing	contribute	VERB
fbem-30775	42	43	to	to	ADP
fbem-30775	42	44	the	the	DET
fbem-30775	42	45	development	development	NOUN
fbem-30775	42	46	of	of	ADP
fbem-30775	42	47	china	china	PROPN
fbem-30775	42	48	's	's	PART
fbem-30775	42	49	"	"	PUNCT
fbem-30775	42	50	dual	dual	ADJ
fbem-30775	42	51	carbon	carbon	NOUN
fbem-30775	42	52	"	"	PUNCT
fbem-30775	42	53	goals	goal	NOUN
fbem-30775	42	54	.	.	PUNCT
fbem-30775	43	1	firstly	firstly	ADV
fbem-30775	43	2	,	,	PUNCT
fbem-30775	43	3	based	base	VERB
fbem-30775	43	4	on	on	ADP
fbem-30775	43	5	the	the	DET
fbem-30775	43	6	dependence	dependence	NOUN
fbem-30775	43	7	on	on	ADP
fbem-30775	43	8	multiple	multiple	ADJ
fbem-30775	43	9	distributors	distributor	NOUN
fbem-30775	43	10	,	,	PUNCT
fbem-30775	43	11	slow	slow	ADJ
fbem-30775	43	12	product	product	NOUN
fbem-30775	43	13	circulation	circulation	NOUN
fbem-30775	43	14	,	,	PUNCT
fbem-30775	43	15	and	and	CCONJ
fbem-30775	43	16	high	high	ADJ
fbem-30775	43	17	prices	price	NOUN
fbem-30775	43	18	among	among	ADP
fbem-30775	43	19	chinese	chinese	ADJ
fbem-30775	43	20	manufacturers	manufacturer	NOUN
fbem-30775	43	21	,	,	PUNCT
fbem-30775	43	22	consumers	consumer	NOUN
fbem-30775	43	23	,	,	PUNCT
fbem-30775	43	24	and	and	CCONJ
fbem-30775	43	25	agricultural	agricultural	ADJ
fbem-30775	43	26	producers	producer	NOUN
fbem-30775	43	27	,	,	PUNCT
fbem-30775	43	28	pinduoduo	pinduoduo	NOUN
fbem-30775	43	29	has	have	AUX
fbem-30775	43	30	taken	take	VERB
fbem-30775	43	31	the	the	DET
fbem-30775	43	32	lead	lead	NOUN
fbem-30775	43	33	in	in	ADP
fbem-30775	43	34	building	build	VERB
fbem-30775	43	35	a	a	DET
fbem-30775	43	36	digital	digital	ADJ
fbem-30775	43	37	supply	supply	NOUN
fbem-30775	43	38	chain	chain	NOUN
fbem-30775	43	39	in	in	ADP
fbem-30775	43	40	china	china	PROPN
fbem-30775	43	41	,	,	PUNCT
fbem-30775	43	42	reducing	reduce	VERB
fbem-30775	43	43	distribution	distribution	NOUN
fbem-30775	43	44	levels	level	NOUN
fbem-30775	43	45	,	,	PUNCT
fbem-30775	43	46	helping	help	VERB
fbem-30775	43	47	producers	producer	NOUN
fbem-30775	43	48	save	save	VERB
fbem-30775	43	49	transportation	transportation	NOUN
fbem-30775	43	50	and	and	CCONJ
fbem-30775	43	51	storage	storage	NOUN
fbem-30775	43	52	costs	cost	NOUN
fbem-30775	43	53	,	,	PUNCT
fbem-30775	43	54	and	and	CCONJ
fbem-30775	43	55	minimizing	minimize	VERB
fbem-30775	43	56	environmental	environmental	ADJ
fbem-30775	43	57	impact	impact	NOUN
fbem-30775	43	58	;	;	PUNCT
fbem-30775	43	59	secondly	secondly	ADV
fbem-30775	43	60	,	,	PUNCT
fbem-30775	43	61	pinduoduo	pinduoduo	NOUN
fbem-30775	43	62	collaborates	collaborate	NOUN
fbem-30775	43	63	with	with	ADP
fbem-30775	43	64	manufacturers	manufacturer	NOUN
fbem-30775	43	65	across	across	ADP
fbem-30775	43	66	china	china	PROPN
fbem-30775	43	67	to	to	PART
fbem-30775	43	68	develop	develop	VERB
fbem-30775	43	69	the	the	DET
fbem-30775	43	70	"	"	PUNCT
fbem-30775	43	71	c2	c2	PROPN
fbem-30775	43	72	m	m	PROPN
fbem-30775	43	73	"	"	PUNCT
fbem-30775	43	74	program	program	NOUN
fbem-30775	43	75	,	,	PUNCT
fbem-30775	43	76	providing	provide	VERB
fbem-30775	43	77	them	they	PRON
fbem-30775	43	78	with	with	ADP
fbem-30775	43	79	direct	direct	ADJ
fbem-30775	43	80	market	market	NOUN
fbem-30775	43	81	-	-	PUNCT
fbem-30775	43	82	oriented	orient	VERB
fbem-30775	43	83	consumer	consumer	NOUN
fbem-30775	43	84	insights	insight	NOUN
fbem-30775	43	85	,	,	PUNCT
fbem-30775	43	86	helping	help	VERB
fbem-30775	43	87	them	they	PRON
fbem-30775	43	88	define	define	VERB
fbem-30775	43	89	and	and	CCONJ
fbem-30775	43	90	customize	customize	VERB
fbem-30775	43	91	products	product	NOUN
fbem-30775	43	92	,	,	PUNCT
fbem-30775	43	93	improve	improve	VERB
fbem-30775	43	94	supply	supply	NOUN
fbem-30775	43	95	chain	chain	NOUN
fbem-30775	43	96	efficiency	efficiency	NOUN
fbem-30775	43	97	,	,	PUNCT
fbem-30775	43	98	and	and	CCONJ
fbem-30775	43	99	directly	directly	ADV
fbem-30775	43	100	market	market	VERB
fbem-30775	43	101	to	to	ADP
fbem-30775	43	102	interested	interested	ADJ
fbem-30775	43	103	consumers	consumer	NOUN
fbem-30775	43	104	.	.	PUNCT
fbem-30775	44	1	this	this	PRON
fbem-30775	44	2	transforms	transform	VERB
fbem-30775	44	3	the	the	DET
fbem-30775	44	4	traditional	traditional	ADJ
fbem-30775	44	5	"	"	PUNCT
fbem-30775	44	6	how	how	SCONJ
fbem-30775	44	7	much	much	ADV
fbem-30775	44	8	we	we	PRON
fbem-30775	44	9	can	can	AUX
fbem-30775	44	10	produce	produce	VERB
fbem-30775	44	11	"	"	PUNCT
fbem-30775	44	12	into	into	ADP
fbem-30775	44	13	"	"	PUNCT
fbem-30775	44	14	how	how	SCONJ
fbem-30775	44	15	much	much	ADV
fbem-30775	44	16	we	we	PRON
fbem-30775	44	17	should	should	AUX
fbem-30775	44	18	produce	produce	VERB
fbem-30775	44	19	"	"	PUNCT
fbem-30775	44	20	,	,	PUNCT
fbem-30775	44	21	allowing	allow	VERB
fbem-30775	44	22	manufacturers	manufacturer	NOUN
fbem-30775	44	23	to	to	PART
fbem-30775	44	24	better	well	ADV
fbem-30775	44	25	adapt	adapt	VERB
fbem-30775	44	26	to	to	ADP
fbem-30775	44	27	consumer	consumer	NOUN
fbem-30775	44	28	demand	demand	NOUN
fbem-30775	44	29	,	,	PUNCT
fbem-30775	44	30	optimize	optimize	VERB
fbem-30775	44	31	operations	operation	NOUN
fbem-30775	44	32	to	to	PART
fbem-30775	44	33	improve	improve	VERB
fbem-30775	44	34	procurement	procurement	NOUN
fbem-30775	44	35	,	,	PUNCT
fbem-30775	44	36	optimize	optimize	NOUN
fbem-30775	44	37	production	production	NOUN
fbem-30775	44	38	,	,	PUNCT
fbem-30775	44	39	reduce	reduce	VERB
fbem-30775	44	40	inventory	inventory	NOUN
fbem-30775	44	41	,	,	PUNCT
fbem-30775	44	42	and	and	CCONJ
fbem-30775	44	43	improve	improve	VERB
fbem-30775	44	44	cash	cash	NOUN
fbem-30775	44	45	conversion	conversion	NOUN
fbem-30775	44	46	cycles	cycle	NOUN
fbem-30775	44	47	,	,	PUNCT
fbem-30775	44	48	ultimately	ultimately	ADV
fbem-30775	44	49	reducing	reduce	VERB
fbem-30775	44	50	resource	resource	NOUN
fbem-30775	44	51	waste	waste	NOUN
fbem-30775	44	52	in	in	ADP
fbem-30775	44	53	the	the	DET
fbem-30775	44	54	long	long	ADJ
fbem-30775	44	55	run	run	NOUN
fbem-30775	44	56	;	;	PUNCT
fbem-30775	44	57	in	in	ADP
fbem-30775	44	58	addition	addition	NOUN
fbem-30775	44	59	,	,	PUNCT
fbem-30775	44	60	pinduoduo	pinduoduo	NOUN
fbem-30775	44	61	has	have	AUX
fbem-30775	44	62	also	also	ADV
fbem-30775	44	63	launched	launch	VERB
fbem-30775	44	64	its	its	PRON
fbem-30775	44	65	own	own	ADJ
fbem-30775	44	66	electronic	electronic	ADJ
fbem-30775	44	67	waybill	waybill	NOUN
fbem-30775	44	68	system	system	NOUN
fbem-30775	44	69	since	since	SCONJ
fbem-30775	44	70	the	the	DET
fbem-30775	44	71	first	first	ADJ
fbem-30775	44	72	quarter	quarter	NOUN
fbem-30775	44	73	of	of	ADP
fbem-30775	44	74	2019	2019	NUM
fbem-30775	44	75	,	,	PUNCT
fbem-30775	44	76	eliminating	eliminate	VERB
fbem-30775	44	77	the	the	DET
fbem-30775	44	78	use	use	NOUN
fbem-30775	44	79	of	of	ADP
fbem-30775	44	80	traditional	traditional	ADJ
fbem-30775	44	81	paper	paper	NOUN
fbem-30775	44	82	waybills	waybill	NOUN
fbem-30775	44	83	with	with	ADP
fbem-30775	44	84	multiple	multiple	ADJ
fbem-30775	44	85	copies	copy	NOUN
fbem-30775	44	86	and	and	CCONJ
fbem-30775	44	87	reducing	reduce	VERB
fbem-30775	44	88	the	the	DET
fbem-30775	44	89	possibility	possibility	NOUN
fbem-30775	44	90	of	of	ADP
fbem-30775	44	91	human	human	ADJ
fbem-30775	44	92	errors	error	NOUN
fbem-30775	44	93	leading	lead	VERB
fbem-30775	44	94	to	to	ADP
fbem-30775	44	95	incorrect	incorrect	ADJ
fbem-30775	44	96	delivery	delivery	NOUN
fbem-30775	44	97	addresses	address	NOUN
fbem-30775	44	98	.	.	PUNCT
fbem-30775	45	1	this	this	DET
fbem-30775	45	2	system	system	NOUN
fbem-30775	45	3	is	be	AUX
fbem-30775	45	4	gradually	gradually	ADV
fbem-30775	45	5	being	be	AUX
fbem-30775	45	6	developed	develop	VERB
fbem-30775	45	7	into	into	ADP
fbem-30775	45	8	a	a	DET
fbem-30775	45	9	more	more	ADV
fbem-30775	45	10	comprehensive	comprehensive	ADJ
fbem-30775	45	11	logistics	logistic	NOUN
fbem-30775	45	12	technology	technology	NOUN
fbem-30775	45	13	platform	platform	NOUN
fbem-30775	45	14	to	to	PART
fbem-30775	45	15	improve	improve	VERB
fbem-30775	45	16	delivery	delivery	NOUN
fbem-30775	45	17	efficiency	efficiency	NOUN
fbem-30775	45	18	,	,	PUNCT
fbem-30775	45	19	reduce	reduce	VERB
fbem-30775	45	20	carbon	carbon	NOUN
fbem-30775	45	21	emissions	emission	NOUN
fbem-30775	45	22	,	,	PUNCT
fbem-30775	45	23	and	and	CCONJ
fbem-30775	45	24	lower	low	ADJ
fbem-30775	45	25	costs	cost	NOUN
fbem-30775	45	26	;	;	PUNCT
fbem-30775	45	27	finally	finally	ADV
fbem-30775	45	28	,	,	PUNCT
fbem-30775	45	29	pinduoduo	pinduoduo	NOUN
fbem-30775	45	30	also	also	ADV
fbem-30775	45	31	increases	increase	VERB
fbem-30775	45	32	its	its	PRON
fbem-30775	45	33	investment	investment	NOUN
fbem-30775	45	34	in	in	ADP
fbem-30775	45	35	green	green	ADJ
fbem-30775	45	36	technology	technology	NOUN
fbem-30775	45	37	research	research	NOUN
fbem-30775	45	38	and	and	CCONJ
fbem-30775	45	39	development	development	NOUN
fbem-30775	45	40	every	every	DET
fbem-30775	45	41	year	year	NOUN
fbem-30775	45	42	.	.	PUNCT
fbem-30775	46	1	it	it	PRON
fbem-30775	46	2	not	not	PART
fbem-30775	46	3	only	only	ADV
fbem-30775	46	4	actively	actively	ADV
fbem-30775	46	5	invests	invest	NOUN
fbem-30775	46	6	in	in	ADP
fbem-30775	46	7	machine	machine	NOUN
fbem-30775	46	8	learning	learn	VERB
fbem-30775	46	9	technology	technology	NOUN
fbem-30775	46	10	to	to	PART
fbem-30775	46	11	optimize	optimize	VERB
fbem-30775	46	12	delivery	delivery	NOUN
fbem-30775	46	13	routes	route	NOUN
fbem-30775	46	14	,	,	PUNCT
fbem-30775	46	15	making	make	VERB
fbem-30775	46	16	delivery	delivery	NOUN
fbem-30775	46	17	more	more	ADV
fbem-30775	46	18	environmentally	environmentally	ADV
fbem-30775	46	19	friendly	friendly	ADJ
fbem-30775	46	20	and	and	CCONJ
fbem-30775	46	21	efficient	efficient	ADJ
fbem-30775	46	22	,	,	PUNCT
fbem-30775	46	23	but	but	CCONJ
fbem-30775	46	24	also	also	ADV
fbem-30775	46	25	actively	actively	ADV
fbem-30775	46	26	invests	invest	VERB
fbem-30775	46	27	in	in	ADP
fbem-30775	46	28	the	the	DET
fbem-30775	46	29	research	research	NOUN
fbem-30775	46	30	and	and	CCONJ
fbem-30775	46	31	development	development	NOUN
fbem-30775	46	32	of	of	ADP
fbem-30775	46	33	green	green	ADJ
fbem-30775	46	34	packaging	packaging	NOUN
fbem-30775	46	35	design	design	NOUN
fbem-30775	46	36	and	and	CCONJ
fbem-30775	46	37	materials	material	NOUN
fbem-30775	46	38	,	,	PUNCT
fbem-30775	46	39	providing	provide	VERB
fbem-30775	46	40	more	more	ADV
fbem-30775	46	41	suitable	suitable	ADJ
fbem-30775	46	42	and	and	CCONJ
fbem-30775	46	43	environmentally	environmentally	ADV
fbem-30775	46	44	friendly	friendly	ADJ
fbem-30775	46	45	packaging	packaging	NOUN
fbem-30775	46	46	solutions	solution	NOUN
fbem-30775	46	47	for	for	ADP
fbem-30775	46	48	businesses	business	NOUN
fbem-30775	46	49	and	and	CCONJ
fbem-30775	46	50	promoting	promote	VERB
fbem-30775	46	51	green	green	ADJ
fbem-30775	46	52	development	development	NOUN
fbem-30775	46	53	.	.	PUNCT
fbem-30775	47	1	table	table	NOUN
fbem-30775	47	2	1	1	NUM
fbem-30775	47	3	.	.	PUNCT
fbem-30775	47	4	environmental	environmental	ADJ
fbem-30775	47	5	dimension	dimension	NOUN
fbem-30775	47	6	related	relate	VERB
fbem-30775	47	7	indicators	indicator	NOUN
fbem-30775	47	8	from	from	ADP
fbem-30775	47	9	2019	2019	NUM
fbem-30775	47	10	to	to	ADP
fbem-30775	47	11	2023	2023	NUM
fbem-30775	47	12	indicator	indicator	NOUN
fbem-30775	47	13	category	category	NOUN
fbem-30775	47	14	2019	2019	NUM
fbem-30775	47	15	2020	2020	NUM
fbem-30775	47	16	2021	2021	NUM
fbem-30775	47	17	2022	2022	NUM
fbem-30775	47	18	2023	2023	NUM
fbem-30775	47	19	green	green	ADJ
fbem-30775	47	20	packaging	packaging	NOUN
fbem-30775	47	21	coverage	coverage	NOUN
fbem-30775	47	22	rate	rate	NOUN
fbem-30775	47	23	(	(	PUNCT
fbem-30775	47	24	%	%	INTJ
fbem-30775	47	25	)	)	PUNCT
fbem-30775	48	1	<	<	X
fbem-30775	48	2	10	10	NUM
fbem-30775	48	3	15	15	NUM
fbem-30775	48	4	30	30	NUM
fbem-30775	48	5	60	60	NUM
fbem-30775	48	6	80	80	NUM
fbem-30775	48	7	packaging	packaging	NOUN
fbem-30775	48	8	material	material	NOUN
fbem-30775	48	9	savings	saving	NOUN
fbem-30775	48	10	(	(	PUNCT
fbem-30775	48	11	ton	ton	NOUN
fbem-30775	48	12	)	)	PUNCT
fbem-30775	48	13	*	*	PUNCT
fbem-30775	48	14	200	200	NUM
fbem-30775	48	15	800	800	NUM
fbem-30775	48	16	1500	1500	NUM
fbem-30775	48	17	2300	2300	NUM
fbem-30775	48	18	green	green	ADJ
fbem-30775	48	19	technology	technology	NOUN
fbem-30775	48	20	research	research	NOUN
fbem-30775	48	21	and	and	CCONJ
fbem-30775	48	22	development	development	NOUN
fbem-30775	48	23	investment	investment	NOUN
fbem-30775	48	24	(	(	PUNCT
fbem-30775	48	25	in	in	ADP
fbem-30775	48	26	billions	billion	NOUN
fbem-30775	48	27	of	of	ADP
fbem-30775	48	28	yuan	yuan	NOUN
fbem-30775	48	29	)	)	PUNCT
fbem-30775	49	1	*	*	PUNCT
fbem-30775	50	1	*	*	PUNCT
fbem-30775	50	2	1.5	1.5	NUM
fbem-30775	50	3	3.2	3.2	NUM
fbem-30775	50	4	5.0	5.0	NUM
fbem-30775	50	5	proportion	proportion	NOUN
fbem-30775	50	6	of	of	ADP
fbem-30775	50	7	green	green	ADJ
fbem-30775	50	8	technology	technology	NOUN
fbem-30775	50	9	r&d	r&d	NOUN
fbem-30775	50	10	investment	investment	NOUN
fbem-30775	50	11	in	in	ADP
fbem-30775	50	12	r&d	r&d	NOUN
fbem-30775	50	13	expenses	expense	NOUN
fbem-30775	50	14	(	(	PUNCT
fbem-30775	50	15	%	%	INTJ
fbem-30775	50	16	)	)	PUNCT
fbem-30775	51	1	*	*	PUNCT
fbem-30775	52	1	*	*	PUNCT
fbem-30775	52	2	5	5	NUM
fbem-30775	52	3	8	8	NUM
fbem-30775	52	4	12	12	NUM
fbem-30775	52	5	government	government	NOUN
fbem-30775	52	6	related	relate	VERB
fbem-30775	52	7	subsidies	subsidy	NOUN
fbem-30775	52	8	(	(	PUNCT
fbem-30775	52	9	in	in	ADP
fbem-30775	52	10	billions	billion	NOUN
fbem-30775	52	11	of	of	ADP
fbem-30775	52	12	yuan	yuan	NOUN
fbem-30775	52	13	)	)	PUNCT
fbem-30775	53	1	*	*	PUNCT
fbem-30775	54	1	*	*	PUNCT
fbem-30775	54	2	0.8	0.8	NUM
fbem-30775	54	3	1.5	1.5	NUM
fbem-30775	54	4	2.3	2.3	NUM
fbem-30775	54	5	note	note	NOUN
fbem-30775	54	6	:	:	PUNCT
fbem-30775	54	7	*	*	PUNCT
fbem-30775	54	8	represents	represent	VERB
fbem-30775	54	9	that	that	SCONJ
fbem-30775	54	10	the	the	DET
fbem-30775	54	11	company	company	NOUN
fbem-30775	54	12	did	do	AUX
fbem-30775	54	13	not	not	PART
fbem-30775	54	14	disclose	disclose	VERB
fbem-30775	54	15	it	it	PRON
fbem-30775	54	16	in	in	ADP
fbem-30775	54	17	the	the	DET
fbem-30775	54	18	current	current	ADJ
fbem-30775	54	19	year	year	NOUN
fbem-30775	54	20	.	.	PUNCT
fbem-30775	55	1	154	154	NUM
fbem-30775	55	2	from	from	ADP
fbem-30775	55	3	table	table	NOUN
fbem-30775	55	4	1	1	NUM
fbem-30775	55	5	,	,	PUNCT
fbem-30775	55	6	it	it	PRON
fbem-30775	55	7	can	can	AUX
fbem-30775	55	8	be	be	AUX
fbem-30775	55	9	seen	see	VERB
fbem-30775	55	10	that	that	SCONJ
fbem-30775	55	11	pinduoduo	pinduoduo	NOUN
fbem-30775	55	12	has	have	AUX
fbem-30775	55	13	made	make	VERB
fbem-30775	55	14	significant	significant	ADJ
fbem-30775	55	15	efforts	effort	NOUN
fbem-30775	55	16	in	in	ADP
fbem-30775	55	17	environmental	environmental	ADJ
fbem-30775	55	18	protection	protection	NOUN
fbem-30775	55	19	.	.	PUNCT
fbem-30775	56	1	the	the	DET
fbem-30775	56	2	coverage	coverage	NOUN
fbem-30775	56	3	rate	rate	NOUN
fbem-30775	56	4	of	of	ADP
fbem-30775	56	5	green	green	ADJ
fbem-30775	56	6	packaging	packaging	NOUN
fbem-30775	56	7	has	have	AUX
fbem-30775	56	8	increased	increase	VERB
fbem-30775	56	9	from	from	ADP
fbem-30775	56	10	less	less	ADJ
fbem-30775	56	11	than	than	ADP
fbem-30775	56	12	10	10	NUM
fbem-30775	56	13	%	%	NOUN
fbem-30775	56	14	in	in	ADP
fbem-30775	56	15	2019	2019	NUM
fbem-30775	56	16	to	to	PART
fbem-30775	56	17	80	80	NUM
fbem-30775	56	18	%	%	NOUN
fbem-30775	56	19	in	in	ADP
fbem-30775	56	20	2023	2023	NUM
fbem-30775	56	21	.	.	PUNCT
fbem-30775	57	1	the	the	DET
fbem-30775	57	2	investment	investment	NOUN
fbem-30775	57	3	in	in	ADP
fbem-30775	57	4	green	green	ADJ
fbem-30775	57	5	technology	technology	NOUN
fbem-30775	57	6	research	research	NOUN
fbem-30775	57	7	and	and	CCONJ
fbem-30775	57	8	development	development	NOUN
fbem-30775	57	9	and	and	CCONJ
fbem-30775	57	10	the	the	DET
fbem-30775	57	11	proportion	proportion	NOUN
fbem-30775	57	12	of	of	ADP
fbem-30775	57	13	green	green	ADJ
fbem-30775	57	14	technology	technology	NOUN
fbem-30775	57	15	research	research	NOUN
fbem-30775	57	16	and	and	CCONJ
fbem-30775	57	17	development	development	NOUN
fbem-30775	57	18	investment	investment	NOUN
fbem-30775	57	19	in	in	ADP
fbem-30775	57	20	research	research	NOUN
fbem-30775	57	21	and	and	CCONJ
fbem-30775	57	22	development	development	NOUN
fbem-30775	57	23	expenses	expense	NOUN
fbem-30775	57	24	have	have	AUX
fbem-30775	57	25	steadily	steadily	ADV
fbem-30775	57	26	increased	increase	VERB
fbem-30775	57	27	;	;	PUNCT
fbem-30775	57	28	at	at	ADP
fbem-30775	57	29	the	the	DET
fbem-30775	57	30	same	same	ADJ
fbem-30775	57	31	time	time	NOUN
fbem-30775	57	32	,	,	PUNCT
fbem-30775	57	33	it	it	PRON
fbem-30775	57	34	has	have	AUX
fbem-30775	57	35	improved	improve	VERB
fbem-30775	57	36	the	the	DET
fbem-30775	57	37	company	company	NOUN
fbem-30775	57	38	's	's	PART
fbem-30775	57	39	economic	economic	ADJ
fbem-30775	57	40	efficiency	efficiency	NOUN
fbem-30775	57	41	,	,	PUNCT
fbem-30775	57	42	saving	save	VERB
fbem-30775	57	43	only	only	ADV
fbem-30775	57	44	200	200	NUM
fbem-30775	57	45	tons	ton	NOUN
fbem-30775	57	46	of	of	ADP
fbem-30775	57	47	packaging	packaging	NOUN
fbem-30775	57	48	materials	material	NOUN
fbem-30775	57	49	in	in	ADP
fbem-30775	57	50	2020	2020	NUM
fbem-30775	57	51	and	and	CCONJ
fbem-30775	57	52	reaching	reach	VERB
fbem-30775	57	53	2300	2300	NUM
fbem-30775	57	54	tons	ton	NOUN
fbem-30775	57	55	in	in	ADP
fbem-30775	57	56	2023	2023	NUM
fbem-30775	57	57	.	.	PUNCT
fbem-30775	58	1	government	government	NOUN
fbem-30775	58	2	subsidies	subsidy	NOUN
fbem-30775	58	3	have	have	AUX
fbem-30775	58	4	also	also	ADV
fbem-30775	58	5	increased	increase	VERB
fbem-30775	58	6	year	year	NOUN
fbem-30775	58	7	by	by	ADP
fbem-30775	58	8	year	year	NOUN
fbem-30775	58	9	.	.	PUNCT
fbem-30775	59	1	2.3	2.3	NUM
fbem-30775	59	2	.	.	PUNCT
fbem-30775	60	1	social	social	ADJ
fbem-30775	60	2	level	level	NOUN
fbem-30775	60	3	pinduoduo	pinduoduo	NOUN
fbem-30775	60	4	adheres	adhere	VERB
fbem-30775	60	5	to	to	ADP
fbem-30775	60	6	the	the	DET
fbem-30775	60	7	core	core	ADJ
fbem-30775	60	8	values	value	NOUN
fbem-30775	60	9	of	of	ADP
fbem-30775	60	10	"	"	PUNCT
fbem-30775	60	11	universal	universal	ADJ
fbem-30775	60	12	benefit	benefit	NOUN
fbem-30775	60	13	,	,	PUNCT
fbem-30775	60	14	people	people	NOUN
fbem-30775	60	15	-	-	PUNCT
fbem-30775	60	16	oriented	orient	VERB
fbem-30775	60	17	,	,	PUNCT
fbem-30775	60	18	and	and	CCONJ
fbem-30775	60	19	more	more	ADV
fbem-30775	60	20	open	open	ADJ
fbem-30775	60	21	"	"	PUNCT
fbem-30775	60	22	,	,	PUNCT
fbem-30775	60	23	actively	actively	ADV
fbem-30775	60	24	fulfills	fulfill	VERB
fbem-30775	60	25	social	social	ADJ
fbem-30775	60	26	responsibilities	responsibility	NOUN
fbem-30775	60	27	,	,	PUNCT
fbem-30775	60	28	assists	assist	NOUN
fbem-30775	60	29	in	in	ADP
fbem-30775	60	30	rural	rural	ADJ
fbem-30775	60	31	revitalization	revitalization	NOUN
fbem-30775	60	32	,	,	PUNCT
fbem-30775	60	33	supports	support	VERB
fbem-30775	60	34	impoverished	impoverished	ADJ
fbem-30775	60	35	populations	population	NOUN
fbem-30775	60	36	,	,	PUNCT
fbem-30775	60	37	and	and	CCONJ
fbem-30775	60	38	promotes	promote	VERB
fbem-30775	60	39	social	social	ADJ
fbem-30775	60	40	harmony	harmony	NOUN
fbem-30775	60	41	and	and	CCONJ
fbem-30775	60	42	development	development	NOUN
fbem-30775	60	43	.	.	PUNCT
fbem-30775	61	1	table	table	NOUN
fbem-30775	61	2	2	2	NUM
fbem-30775	61	3	.	.	PUNCT
fbem-30775	61	4	social	social	ADJ
fbem-30775	61	5	dimension	dimension	NOUN
fbem-30775	61	6	related	relate	VERB
fbem-30775	61	7	indicators	indicator	NOUN
fbem-30775	61	8	from	from	ADP
fbem-30775	61	9	2019	2019	NUM
fbem-30775	61	10	to	to	ADP
fbem-30775	61	11	2023	2023	NUM
fbem-30775	61	12	index	index	NOUN
fbem-30775	61	13	classification	classification	NOUN
fbem-30775	61	14	2019	2019	NUM
fbem-30775	61	15	2020	2020	NUM
fbem-30775	61	16	2021	2021	NUM
fbem-30775	61	17	2022	2022	NUM
fbem-30775	61	18	2023	2023	NUM
fbem-30775	61	19	sales	sale	NOUN
fbem-30775	61	20	revenue	revenue	NOUN
fbem-30775	61	21	from	from	ADP
fbem-30775	61	22	agricultural	agricultural	ADJ
fbem-30775	61	23	assistance	assistance	NOUN
fbem-30775	61	24	(	(	PUNCT
fbem-30775	61	25	in	in	ADP
fbem-30775	61	26	billions	billion	NOUN
fbem-30775	61	27	of	of	ADP
fbem-30775	61	28	yuan	yuan	NOUN
fbem-30775	61	29	)	)	PUNCT
fbem-30775	61	30	1364	1364	NUM
fbem-30775	61	31	2700	2700	NUM
fbem-30775	61	32	3400	3400	NUM
fbem-30775	61	33	4500	4500	NUM
fbem-30775	61	34	5200	5200	NUM
fbem-30775	61	35	number	number	NOUN
fbem-30775	61	36	of	of	ADP
fbem-30775	61	37	rural	rural	ADJ
fbem-30775	61	38	areas	area	NOUN
fbem-30775	61	39	covered	cover	VERB
fbem-30775	61	40	(	(	PUNCT
fbem-30775	61	41	counties	county	NOUN
fbem-30775	61	42	)	)	PUNCT
fbem-30775	61	43	800	800	NUM
fbem-30775	61	44	1200	1200	NUM
fbem-30775	61	45	1600	1600	NUM
fbem-30775	61	46	2000	2000	NUM
fbem-30775	61	47	2300	2300	NUM
fbem-30775	61	48	number	number	NOUN
fbem-30775	61	49	of	of	ADP
fbem-30775	61	50	beneficiary	beneficiary	NOUN
fbem-30775	61	51	households	household	NOUN
fbem-30775	61	52	(	(	PUNCT
fbem-30775	61	53	10000	10000	NUM
fbem-30775	61	54	)	)	PUNCT
fbem-30775	61	55	500	500	NUM
fbem-30775	61	56	800	800	NUM
fbem-30775	61	57	1200	1200	NUM
fbem-30775	61	58	1500	1500	NUM
fbem-30775	61	59	1800	1800	NUM
fbem-30775	61	60	total	total	ADJ
fbem-30775	61	61	number	number	NOUN
fbem-30775	61	62	of	of	ADP
fbem-30775	61	63	employees	employee	NOUN
fbem-30775	61	64	(	(	PUNCT
fbem-30775	61	65	person	person	NOUN
fbem-30775	61	66	)	)	PUNCT
fbem-30775	61	67	5823	5823	NUM
fbem-30775	61	68	7492	7492	NUM
fbem-30775	61	69	10356	10356	NUM
fbem-30775	61	70	12890	12890	NUM
fbem-30775	61	71	15200	15200	NUM
fbem-30775	61	72	employee	employee	NOUN
fbem-30775	61	73	training	training	NOUN
fbem-30775	61	74	investment	investment	NOUN
fbem-30775	61	75	(	(	PUNCT
fbem-30775	61	76	10000	10000	NUM
fbem-30775	61	77	yuan	yuan	NOUN
fbem-30775	61	78	)	)	PUNCT
fbem-30775	61	79	*	*	PUNCT
fbem-30775	62	1	500	500	NUM
fbem-30775	62	2	1200	1200	NUM
fbem-30775	62	3	2500	2500	NUM
fbem-30775	62	4	3800	3800	NUM
fbem-30775	62	5	public	public	ADJ
fbem-30775	62	6	welfare	welfare	NOUN
fbem-30775	62	7	donation	donation	NOUN
fbem-30775	62	8	(	(	PUNCT
fbem-30775	62	9	in	in	ADP
fbem-30775	62	10	billions	billion	NOUN
fbem-30775	62	11	of	of	ADP
fbem-30775	62	12	yuan	yuan	NOUN
fbem-30775	62	13	)	)	PUNCT
fbem-30775	62	14	0.3	0.3	NUM
fbem-30775	62	15	0.8	0.8	NUM
fbem-30775	62	16	1.2	1.2	NUM
fbem-30775	62	17	1.5	1.5	NUM
fbem-30775	62	18	2.0	2.0	NUM
fbem-30775	62	19	note	note	NOUN
fbem-30775	62	20	:	:	PUNCT
fbem-30775	62	21	*	*	PUNCT
fbem-30775	62	22	represents	represent	VERB
fbem-30775	62	23	that	that	SCONJ
fbem-30775	62	24	the	the	DET
fbem-30775	62	25	company	company	NOUN
fbem-30775	62	26	did	do	AUX
fbem-30775	62	27	not	not	PART
fbem-30775	62	28	disclose	disclose	VERB
fbem-30775	62	29	it	it	PRON
fbem-30775	62	30	in	in	ADP
fbem-30775	62	31	the	the	DET
fbem-30775	62	32	current	current	ADJ
fbem-30775	62	33	year	year	NOUN
fbem-30775	62	34	.	.	PUNCT
fbem-30775	63	1	from	from	ADP
fbem-30775	63	2	table	table	NOUN
fbem-30775	63	3	1	1	NUM
fbem-30775	63	4	,	,	PUNCT
fbem-30775	63	5	it	it	PRON
fbem-30775	63	6	can	can	AUX
fbem-30775	63	7	be	be	AUX
fbem-30775	63	8	seen	see	VERB
fbem-30775	63	9	that	that	SCONJ
fbem-30775	63	10	pinduoduo	pinduoduo	NOUN
fbem-30775	63	11	focuses	focus	VERB
fbem-30775	63	12	on	on	ADP
fbem-30775	63	13	social	social	ADJ
fbem-30775	63	14	benefits	benefit	NOUN
fbem-30775	63	15	.	.	PUNCT
fbem-30775	64	1	firstly	firstly	ADV
fbem-30775	64	2	,	,	PUNCT
fbem-30775	64	3	pinduoduo	pinduoduo	NOUN
fbem-30775	64	4	actively	actively	ADV
fbem-30775	64	5	promotes	promote	VERB
fbem-30775	64	6	the	the	DET
fbem-30775	64	7	development	development	NOUN
fbem-30775	64	8	of	of	ADP
fbem-30775	64	9	rural	rural	ADJ
fbem-30775	64	10	revitalization	revitalization	NOUN
fbem-30775	64	11	in	in	ADP
fbem-30775	64	12	china	china	PROPN
fbem-30775	64	13	.	.	PUNCT
fbem-30775	65	1	since	since	SCONJ
fbem-30775	65	2	its	its	PRON
fbem-30775	65	3	establishment	establishment	NOUN
fbem-30775	65	4	,	,	PUNCT
fbem-30775	65	5	it	it	PRON
fbem-30775	65	6	has	have	AUX
fbem-30775	65	7	focused	focus	VERB
fbem-30775	65	8	on	on	ADP
fbem-30775	65	9	breaking	break	VERB
fbem-30775	65	10	down	down	ADP
fbem-30775	65	11	artificial	artificial	ADJ
fbem-30775	65	12	barriers	barrier	NOUN
fbem-30775	65	13	between	between	ADP
fbem-30775	65	14	farmers	farmer	NOUN
fbem-30775	65	15	and	and	CCONJ
fbem-30775	65	16	consumers	consumer	NOUN
fbem-30775	65	17	,	,	PUNCT
fbem-30775	65	18	enabling	enable	VERB
fbem-30775	65	19	farmers	farmer	NOUN
fbem-30775	65	20	to	to	PART
fbem-30775	65	21	enjoy	enjoy	VERB
fbem-30775	65	22	the	the	DET
fbem-30775	65	23	benefits	benefit	NOUN
fbem-30775	65	24	of	of	ADP
fbem-30775	65	25	e	e	NOUN
fbem-30775	65	26	-	-	NOUN
fbem-30775	65	27	commerce	commerce	NOUN
fbem-30775	65	28	and	and	CCONJ
fbem-30775	65	29	economic	economic	ADJ
fbem-30775	65	30	digitization	digitization	NOUN
fbem-30775	65	31	,	,	PUNCT
fbem-30775	65	32	and	and	CCONJ
fbem-30775	65	33	connecting	connect	VERB
fbem-30775	65	34	farmers	farmer	NOUN
fbem-30775	65	35	and	and	CCONJ
fbem-30775	65	36	consumers	consumer	NOUN
fbem-30775	65	37	through	through	ADP
fbem-30775	65	38	e	e	NOUN
fbem-30775	65	39	-	-	NOUN
fbem-30775	65	40	commerce	commerce	NOUN
fbem-30775	65	41	platforms	platform	NOUN
fbem-30775	65	42	.	.	PUNCT
fbem-30775	66	1	in	in	ADP
fbem-30775	66	2	2019	2019	NUM
fbem-30775	66	3	,	,	PUNCT
fbem-30775	66	4	the	the	DET
fbem-30775	66	5	duoduo	duoduo	NOUN
fbem-30775	66	6	farm	farm	NOUN
fbem-30775	66	7	plan	plan	NOUN
fbem-30775	66	8	was	be	AUX
fbem-30775	66	9	launched	launch	VERB
fbem-30775	66	10	in	in	ADP
fbem-30775	66	11	cooperation	cooperation	NOUN
fbem-30775	66	12	with	with	ADP
fbem-30775	66	13	the	the	DET
fbem-30775	66	14	yunnan	yunnan	NOUN
fbem-30775	66	15	provincial	provincial	ADJ
fbem-30775	66	16	government	government	NOUN
fbem-30775	66	17	,	,	PUNCT
fbem-30775	66	18	with	with	ADP
fbem-30775	66	19	an	an	DET
fbem-30775	66	20	investment	investment	NOUN
fbem-30775	66	21	of	of	ADP
fbem-30775	66	22	over	over	ADP
fbem-30775	66	23	100	100	NUM
fbem-30775	66	24	million	million	NUM
fbem-30775	66	25	yuan	yuan	NOUN
fbem-30775	66	26	,	,	PUNCT
fbem-30775	66	27	to	to	PART
fbem-30775	66	28	help	help	VERB
fbem-30775	66	29	74	74	NUM
fbem-30775	66	30	impoverished	impoverished	ADJ
fbem-30775	66	31	counties	county	NOUN
fbem-30775	66	32	in	in	ADP
fbem-30775	66	33	13	13	NUM
fbem-30775	66	34	prefectures	prefecture	NOUN
fbem-30775	66	35	of	of	ADP
fbem-30775	66	36	yunnan	yunnan	PROPN
fbem-30775	66	37	province	province	PROPN
fbem-30775	66	38	lift	lift	VERB
fbem-30775	66	39	themselves	themselves	PRON
fbem-30775	66	40	out	out	ADP
fbem-30775	66	41	of	of	ADP
fbem-30775	66	42	poverty	poverty	NOUN
fbem-30775	66	43	.	.	PUNCT
fbem-30775	67	1	the	the	DET
fbem-30775	67	2	plan	plan	NOUN
fbem-30775	67	3	is	be	AUX
fbem-30775	67	4	to	to	PART
fbem-30775	67	5	launch	launch	VERB
fbem-30775	67	6	100	100	NUM
fbem-30775	67	7	duoduo	duoduo	NOUN
fbem-30775	67	8	farm	farm	NOUN
fbem-30775	67	9	projects	project	NOUN
fbem-30775	67	10	within	within	ADP
fbem-30775	67	11	5	5	NUM
fbem-30775	67	12	years	year	NOUN
fbem-30775	67	13	and	and	CCONJ
fbem-30775	67	14	train	train	VERB
fbem-30775	67	15	10000	10000	NUM
fbem-30775	67	16	local	local	ADJ
fbem-30775	67	17	people	people	NOUN
fbem-30775	67	18	to	to	PART
fbem-30775	67	19	master	master	VERB
fbem-30775	67	20	e	e	NOUN
fbem-30775	67	21	-	-	PROPN
fbem-30775	67	22	commerce	commerce	NOUN
fbem-30775	67	23	knowledge	knowledge	NOUN
fbem-30775	67	24	;	;	PUNCT
fbem-30775	67	25	in	in	ADP
fbem-30775	67	26	2021	2021	NUM
fbem-30775	67	27	,	,	PUNCT
fbem-30775	67	28	launch	launch	VERB
fbem-30775	67	29	the	the	DET
fbem-30775	67	30	"	"	PUNCT
fbem-30775	67	31	hometown	hometown	NOUN
fbem-30775	67	32	good	good	ADJ
fbem-30775	67	33	things	thing	NOUN
fbem-30775	67	34	live	live	VERB
fbem-30775	67	35	streaming	streaming	NOUN
fbem-30775	67	36	"	"	PUNCT
fbem-30775	67	37	and	and	CCONJ
fbem-30775	67	38	carry	carry	VERB
fbem-30775	67	39	out	out	ADP
fbem-30775	67	40	live	live	ADJ
fbem-30775	67	41	streaming	streaming	NOUN
fbem-30775	67	42	to	to	PART
fbem-30775	67	43	assist	assist	VERB
fbem-30775	67	44	agriculture	agriculture	NOUN
fbem-30775	67	45	;	;	PUNCT
fbem-30775	67	46	in	in	ADP
fbem-30775	67	47	2022	2022	NUM
fbem-30775	67	48	,	,	PUNCT
fbem-30775	67	49	we	we	PRON
fbem-30775	67	50	will	will	AUX
fbem-30775	67	51	promote	promote	VERB
fbem-30775	67	52	the	the	DET
fbem-30775	67	53	"	"	PUNCT
fbem-30775	67	54	e	e	NOUN
fbem-30775	67	55	-	-	NOUN
fbem-30775	67	56	commerce	commerce	NOUN
fbem-30775	67	57	westward	westward	ADJ
fbem-30775	67	58	expansion	expansion	NOUN
fbem-30775	67	59	"	"	PUNCT
fbem-30775	67	60	initiative	initiative	NOUN
fbem-30775	67	61	,	,	PUNCT
fbem-30775	67	62	innovate	innovate	VERB
fbem-30775	67	63	logistics	logistic	NOUN
fbem-30775	67	64	methods	method	NOUN
fbem-30775	67	65	,	,	PUNCT
fbem-30775	67	66	reduce	reduce	VERB
fbem-30775	67	67	logistics	logistic	NOUN
fbem-30775	67	68	costs	cost	NOUN
fbem-30775	67	69	,	,	PUNCT
fbem-30775	67	70	and	and	CCONJ
fbem-30775	67	71	enable	enable	VERB
fbem-30775	67	72	the	the	DET
fbem-30775	67	73	western	western	ADJ
fbem-30775	67	74	region	region	NOUN
fbem-30775	67	75	to	to	PART
fbem-30775	67	76	also	also	ADV
fbem-30775	67	77	enjoy	enjoy	VERB
fbem-30775	67	78	the	the	DET
fbem-30775	67	79	convenience	convenience	NOUN
fbem-30775	67	80	of	of	ADP
fbem-30775	67	81	the	the	DET
fbem-30775	67	82	times	time	NOUN
fbem-30775	67	83	;	;	PUNCT
fbem-30775	67	84	in	in	ADP
fbem-30775	67	85	2023	2023	NUM
fbem-30775	67	86	,	,	PUNCT
fbem-30775	67	87	the	the	DET
fbem-30775	67	88	"	"	PUNCT
fbem-30775	67	89	nongyun	nongyun	NOUN
fbem-30775	67	90	action	action	NOUN
fbem-30775	67	91	"	"	PUNCT
fbem-30775	67	92	will	will	AUX
fbem-30775	67	93	be	be	AUX
fbem-30775	67	94	launched	launch	VERB
fbem-30775	67	95	to	to	PART
fbem-30775	67	96	provide	provide	VERB
fbem-30775	67	97	one	one	NUM
fbem-30775	67	98	-	-	PUNCT
fbem-30775	67	99	on	on	ADP
fbem-30775	67	100	-	-	PUNCT
fbem-30775	67	101	one	one	NUM
fbem-30775	67	102	guidance	guidance	NOUN
fbem-30775	67	103	and	and	CCONJ
fbem-30775	67	104	help	help	VERB
fbem-30775	67	105	accelerate	accelerate	VERB
fbem-30775	67	106	the	the	DET
fbem-30775	67	107	digitization	digitization	NOUN
fbem-30775	67	108	of	of	ADP
fbem-30775	67	109	100	100	NUM
fbem-30775	67	110	agricultural	agricultural	ADJ
fbem-30775	67	111	belts	belt	NOUN
fbem-30775	67	112	in	in	ADP
fbem-30775	67	113	major	major	ADJ
fbem-30775	67	114	agricultural	agricultural	ADJ
fbem-30775	67	115	provinces	province	NOUN
fbem-30775	67	116	across	across	ADP
fbem-30775	67	117	the	the	DET
fbem-30775	67	118	country	country	NOUN
fbem-30775	67	119	.	.	PUNCT
fbem-30775	68	1	these	these	DET
fbem-30775	68	2	measures	measure	NOUN
fbem-30775	68	3	have	have	AUX
fbem-30775	68	4	steadily	steadily	ADV
fbem-30775	68	5	increased	increase	VERB
fbem-30775	68	6	the	the	DET
fbem-30775	68	7	sales	sale	NOUN
fbem-30775	68	8	of	of	ADP
fbem-30775	68	9	agricultural	agricultural	ADJ
fbem-30775	68	10	assistance	assistance	NOUN
fbem-30775	68	11	,	,	PUNCT
fbem-30775	68	12	coverage	coverage	NOUN
fbem-30775	68	13	of	of	ADP
fbem-30775	68	14	rural	rural	ADJ
fbem-30775	68	15	areas	area	NOUN
fbem-30775	68	16	,	,	PUNCT
fbem-30775	68	17	and	and	CCONJ
fbem-30775	68	18	benefiting	benefit	VERB
fbem-30775	68	19	farmers	farmer	NOUN
fbem-30775	68	20	,	,	PUNCT
fbem-30775	68	21	reaching	reach	VERB
fbem-30775	68	22	520	520	NUM
fbem-30775	68	23	billion	billion	NUM
fbem-30775	68	24	yuan	yuan	NOUN
fbem-30775	68	25	,	,	PUNCT
fbem-30775	68	26	2300	2300	NUM
fbem-30775	68	27	counties	county	NOUN
fbem-30775	68	28	,	,	PUNCT
fbem-30775	68	29	and	and	CCONJ
fbem-30775	68	30	18	18	NUM
fbem-30775	68	31	million	million	NUM
fbem-30775	68	32	households	household	NOUN
fbem-30775	68	33	respectively	respectively	ADV
fbem-30775	68	34	by	by	ADP
fbem-30775	68	35	2023	2023	NUM
fbem-30775	68	36	.	.	PUNCT
fbem-30775	69	1	they	they	PRON
fbem-30775	69	2	not	not	PART
fbem-30775	69	3	only	only	ADV
fbem-30775	69	4	provide	provide	VERB
fbem-30775	69	5	more	more	ADJ
fbem-30775	69	6	employment	employment	NOUN
fbem-30775	69	7	opportunities	opportunity	NOUN
fbem-30775	69	8	for	for	ADP
fbem-30775	69	9	local	local	ADJ
fbem-30775	69	10	farmers	farmer	NOUN
fbem-30775	69	11	,	,	PUNCT
fbem-30775	69	12	drive	drive	VERB
fbem-30775	69	13	income	income	NOUN
fbem-30775	69	14	growth	growth	NOUN
fbem-30775	69	15	,	,	PUNCT
fbem-30775	69	16	but	but	CCONJ
fbem-30775	69	17	also	also	ADV
fbem-30775	69	18	greatly	greatly	ADV
fbem-30775	69	19	contribute	contribute	VERB
fbem-30775	69	20	to	to	ADP
fbem-30775	69	21	the	the	DET
fbem-30775	69	22	promotion	promotion	NOUN
fbem-30775	69	23	of	of	ADP
fbem-30775	69	24	china	china	PROPN
fbem-30775	69	25	's	's	PART
fbem-30775	69	26	rural	rural	ADJ
fbem-30775	69	27	revitalization	revitalization	NOUN
fbem-30775	69	28	strategy	strategy	NOUN
fbem-30775	69	29	.	.	PUNCT
fbem-30775	70	1	secondly	secondly	ADV
fbem-30775	70	2	,	,	PUNCT
fbem-30775	70	3	pinduoduo	pinduoduo	NOUN
fbem-30775	70	4	also	also	ADV
fbem-30775	70	5	pays	pay	VERB
fbem-30775	70	6	attention	attention	NOUN
fbem-30775	70	7	to	to	ADP
fbem-30775	70	8	the	the	DET
fbem-30775	70	9	protection	protection	NOUN
fbem-30775	70	10	of	of	ADP
fbem-30775	70	11	labor	labor	NOUN
fbem-30775	70	12	rights	right	NOUN
fbem-30775	70	13	and	and	CCONJ
fbem-30775	70	14	consumer	consumer	NOUN
fbem-30775	70	15	rights	right	NOUN
fbem-30775	70	16	.	.	PUNCT
fbem-30775	71	1	from	from	ADP
fbem-30775	71	2	2019	2019	NUM
fbem-30775	71	3	to	to	ADP
fbem-30775	71	4	2023	2023	NUM
fbem-30775	71	5	,	,	PUNCT
fbem-30775	71	6	the	the	DET
fbem-30775	71	7	number	number	NOUN
fbem-30775	71	8	of	of	ADP
fbem-30775	71	9	employees	employee	NOUN
fbem-30775	71	10	under	under	ADP
fbem-30775	71	11	pinduoduo	pinduoduo	NOUN
fbem-30775	71	12	has	have	AUX
fbem-30775	71	13	increased	increase	VERB
fbem-30775	71	14	from	from	ADP
fbem-30775	71	15	5823	5823	NUM
fbem-30775	71	16	to	to	ADP
fbem-30775	71	17	15200	15200	NUM
fbem-30775	71	18	,	,	PUNCT
fbem-30775	71	19	and	and	CCONJ
fbem-30775	71	20	the	the	DET
fbem-30775	71	21	proportion	proportion	NOUN
fbem-30775	71	22	of	of	ADP
fbem-30775	71	23	female	female	ADJ
fbem-30775	71	24	employees	employee	NOUN
fbem-30775	71	25	has	have	AUX
fbem-30775	71	26	also	also	ADV
fbem-30775	71	27	been	be	AUX
fbem-30775	71	28	increasing	increase	VERB
fbem-30775	71	29	year	year	NOUN
fbem-30775	71	30	by	by	ADP
fbem-30775	71	31	year	year	NOUN
fbem-30775	71	32	,	,	PUNCT
fbem-30775	71	33	from	from	ADP
fbem-30775	71	34	42	42	NUM
fbem-30775	71	35	%	%	NOUN
fbem-30775	71	36	to	to	ADP
fbem-30775	71	37	49	49	NUM
fbem-30775	71	38	%	%	NOUN
fbem-30775	71	39	.	.	PUNCT
fbem-30775	72	1	pinduoduo	pinduoduo	NOUN
fbem-30775	72	2	is	be	AUX
fbem-30775	72	3	committed	commit	VERB
fbem-30775	72	4	to	to	ADP
fbem-30775	72	5	creating	create	VERB
fbem-30775	72	6	a	a	DET
fbem-30775	72	7	diversified	diversified	ADJ
fbem-30775	72	8	and	and	CCONJ
fbem-30775	72	9	equal	equal	ADJ
fbem-30775	72	10	working	working	NOUN
fbem-30775	72	11	environment	environment	NOUN
fbem-30775	72	12	,	,	PUNCT
fbem-30775	72	13	and	and	CCONJ
fbem-30775	72	14	actively	actively	ADV
fbem-30775	72	15	invests	invest	VERB
fbem-30775	72	16	large	large	ADJ
fbem-30775	72	17	amounts	amount	NOUN
fbem-30775	72	18	of	of	ADP
fbem-30775	72	19	funds	fund	NOUN
fbem-30775	72	20	every	every	DET
fbem-30775	72	21	year	year	NOUN
fbem-30775	72	22	to	to	PART
fbem-30775	72	23	increase	increase	VERB
fbem-30775	72	24	knowledge	knowledge	NOUN
fbem-30775	72	25	and	and	CCONJ
fbem-30775	72	26	skill	skill	NOUN
fbem-30775	72	27	training	training	NOUN
fbem-30775	72	28	and	and	CCONJ
fbem-30775	72	29	welfare	welfare	NOUN
fbem-30775	72	30	improvement	improvement	NOUN
fbem-30775	72	31	for	for	ADP
fbem-30775	72	32	employees	employee	NOUN
fbem-30775	72	33	.	.	PUNCT
fbem-30775	73	1	for	for	ADP
fbem-30775	73	2	consumer	consumer	NOUN
fbem-30775	73	3	rights	right	NOUN
fbem-30775	73	4	,	,	PUNCT
fbem-30775	73	5	pinduoduo	pinduoduo	NOUN
fbem-30775	73	6	has	have	AUX
fbem-30775	73	7	formulated	formulate	VERB
fbem-30775	73	8	strict	strict	ADJ
fbem-30775	73	9	policies	policy	NOUN
fbem-30775	73	10	,	,	PUNCT
fbem-30775	73	11	adopting	adopt	VERB
fbem-30775	73	12	a	a	DET
fbem-30775	73	13	zero	zero	NUM
fbem-30775	73	14	tolerance	tolerance	NOUN
fbem-30775	73	15	policy	policy	NOUN
fbem-30775	73	16	and	and	CCONJ
fbem-30775	73	17	a	a	DET
fbem-30775	73	18	10	10	NUM
fbem-30775	73	19	fold	fold	ADJ
fbem-30775	73	20	compensation	compensation	NOUN
fbem-30775	73	21	policy	policy	NOUN
fbem-30775	73	22	for	for	ADP
fbem-30775	73	23	counterfeit	counterfeit	ADJ
fbem-30775	73	24	goods	good	NOUN
fbem-30775	73	25	,	,	PUNCT
fbem-30775	73	26	improving	improve	VERB
fbem-30775	73	27	after	after	ADP
fbem-30775	73	28	-	-	PUNCT
fbem-30775	73	29	sales	sales	NOUN
fbem-30775	73	30	product	product	NOUN
fbem-30775	73	31	protection	protection	NOUN
fbem-30775	73	32	policies	policy	NOUN
fbem-30775	73	33	,	,	PUNCT
fbem-30775	73	34	and	and	CCONJ
fbem-30775	73	35	launching	launch	VERB
fbem-30775	73	36	services	service	NOUN
fbem-30775	73	37	such	such	ADJ
fbem-30775	73	38	as	as	ADP
fbem-30775	73	39	shipping	shipping	NOUN
fbem-30775	73	40	insurance	insurance	NOUN
fbem-30775	73	41	,	,	PUNCT
fbem-30775	73	42	seven	seven	NUM
fbem-30775	73	43	day	day	NOUN
fbem-30775	73	44	no	no	DET
fbem-30775	73	45	reason	reason	NOUN
fbem-30775	73	46	return	return	NOUN
fbem-30775	73	47	,	,	PUNCT
fbem-30775	73	48	refund	refund	VERB
fbem-30775	73	49	only	only	ADV
fbem-30775	73	50	,	,	PUNCT
fbem-30775	73	51	and	and	CCONJ
fbem-30775	73	52	genuine	genuine	ADJ
fbem-30775	73	53	product	product	NOUN
fbem-30775	73	54	protection	protection	NOUN
fbem-30775	73	55	,	,	PUNCT
fbem-30775	73	56	committed	commit	VERB
fbem-30775	73	57	to	to	ADP
fbem-30775	73	58	improving	improve	VERB
fbem-30775	73	59	consumer	consumer	NOUN
fbem-30775	73	60	satisfaction	satisfaction	NOUN
fbem-30775	73	61	.	.	PUNCT
fbem-30775	74	1	finally	finally	ADV
fbem-30775	74	2	,	,	PUNCT
fbem-30775	74	3	pinduoduo	pinduoduo	NOUN
fbem-30775	74	4	actively	actively	ADV
fbem-30775	74	5	practices	practice	VERB
fbem-30775	74	6	its	its	PRON
fbem-30775	74	7	social	social	ADJ
fbem-30775	74	8	responsibility	responsibility	NOUN
fbem-30775	74	9	and	and	CCONJ
fbem-30775	74	10	gives	give	VERB
fbem-30775	74	11	back	back	ADP
fbem-30775	74	12	to	to	ADP
fbem-30775	74	13	society	society	NOUN
fbem-30775	74	14	.	.	PUNCT
fbem-30775	75	1	in	in	ADP
fbem-30775	75	2	the	the	DET
fbem-30775	75	3	face	face	NOUN
fbem-30775	75	4	of	of	ADP
fbem-30775	75	5	the	the	DET
fbem-30775	75	6	epidemic	epidemic	NOUN
fbem-30775	75	7	and	and	CCONJ
fbem-30775	75	8	disaster	disaster	NOUN
fbem-30775	75	9	,	,	PUNCT
fbem-30775	75	10	it	it	PRON
fbem-30775	75	11	stands	stand	VERB
fbem-30775	75	12	up	up	ADP
fbem-30775	75	13	and	and	CCONJ
fbem-30775	75	14	provides	provide	VERB
fbem-30775	75	15	financial	financial	ADJ
fbem-30775	75	16	and	and	CCONJ
fbem-30775	75	17	material	material	NOUN
fbem-30775	75	18	support	support	NOUN
fbem-30775	75	19	.	.	PUNCT
fbem-30775	76	1	every	every	DET
fbem-30775	76	2	year	year	NOUN
fbem-30775	76	3	,	,	PUNCT
fbem-30775	76	4	it	it	PRON
fbem-30775	76	5	actively	actively	ADV
fbem-30775	76	6	builds	build	VERB
fbem-30775	76	7	rural	rural	ADJ
fbem-30775	76	8	primary	primary	ADJ
fbem-30775	76	9	schools	school	NOUN
fbem-30775	76	10	and	and	CCONJ
fbem-30775	76	11	focuses	focus	VERB
fbem-30775	76	12	on	on	ADP
fbem-30775	76	13	poverty	poverty	NOUN
fbem-30775	76	14	alleviation	alleviation	NOUN
fbem-30775	76	15	through	through	ADP
fbem-30775	76	16	education	education	NOUN
fbem-30775	76	17	.	.	PUNCT
fbem-30775	77	1	as	as	ADP
fbem-30775	77	2	of	of	ADP
fbem-30775	77	3	2023	2023	NUM
fbem-30775	77	4	,	,	PUNCT
fbem-30775	77	5	pinduoduo	pinduoduo	NOUN
fbem-30775	77	6	has	have	AUX
fbem-30775	77	7	sponsored	sponsor	VERB
fbem-30775	77	8	multiple	multiple	ADJ
fbem-30775	77	9	schools	school	NOUN
fbem-30775	77	10	,	,	PUNCT
fbem-30775	77	11	and	and	CCONJ
fbem-30775	77	12	the	the	DET
fbem-30775	77	13	"	"	PUNCT
fbem-30775	77	14	duoduo	duoduo	NOUN
fbem-30775	77	15	classroom	classroom	NOUN
fbem-30775	77	16	"	"	PUNCT
fbem-30775	77	17	project	project	NOUN
fbem-30775	77	18	has	have	AUX
fbem-30775	77	19	covered	cover	VERB
fbem-30775	77	20	more	more	ADJ
fbem-30775	77	21	than	than	ADP
fbem-30775	77	22	50000	50000	NUM
fbem-30775	77	23	students	student	NOUN
fbem-30775	77	24	.	.	PUNCT
fbem-30775	78	1	2.4	2.4	NUM
fbem-30775	78	2	.	.	PUNCT
fbem-30775	78	3	corporate	corporate	ADJ
fbem-30775	78	4	governance	governance	NOUN
fbem-30775	78	5	level	level	NOUN
fbem-30775	78	6	a	a	DET
fbem-30775	78	7	good	good	ADJ
fbem-30775	78	8	governance	governance	NOUN
fbem-30775	78	9	structure	structure	NOUN
fbem-30775	78	10	is	be	AUX
fbem-30775	78	11	an	an	DET
fbem-30775	78	12	important	important	ADJ
fbem-30775	78	13	guarantee	guarantee	NOUN
fbem-30775	78	14	for	for	ADP
fbem-30775	78	15	maintaining	maintain	VERB
fbem-30775	78	16	the	the	DET
fbem-30775	78	17	normal	normal	ADJ
fbem-30775	78	18	operation	operation	NOUN
fbem-30775	78	19	of	of	ADP
fbem-30775	78	20	a	a	DET
fbem-30775	78	21	company	company	NOUN
fbem-30775	78	22	.	.	PUNCT
fbem-30775	79	1	in	in	ADP
fbem-30775	79	2	terms	term	NOUN
fbem-30775	79	3	of	of	ADP
fbem-30775	79	4	organizational	organizational	ADJ
fbem-30775	79	5	structure	structure	NOUN
fbem-30775	79	6	,	,	PUNCT
fbem-30775	79	7	pinduoduo	pinduoduo	ADJ
fbem-30775	79	8	company	company	NOUN
fbem-30775	79	9	implements	implement	VERB
fbem-30775	79	10	flat	flat	ADJ
fbem-30775	79	11	management	management	NOUN
fbem-30775	79	12	with	with	ADP
fbem-30775	79	13	a	a	DET
fbem-30775	79	14	simple	simple	ADJ
fbem-30775	79	15	internal	internal	ADJ
fbem-30775	79	16	hierarchical	hierarchical	ADJ
fbem-30775	79	17	structure	structure	NOUN
fbem-30775	79	18	,	,	PUNCT
fbem-30775	79	19	mainly	mainly	ADV
fbem-30775	79	20	consisting	consist	VERB
fbem-30775	79	21	of	of	ADP
fbem-30775	79	22	three	three	NUM
fbem-30775	79	23	levels	level	NOUN
fbem-30775	79	24	of	of	ADP
fbem-30775	79	25	d2	d2	PROPN
fbem-30775	79	26	-	-	PUNCT
fbem-30775	79	27	d4	d4	PROPN
fbem-30775	79	28	,	,	PUNCT
fbem-30775	79	29	reducing	reduce	VERB
fbem-30775	79	30	hierarchical	hierarchical	ADJ
fbem-30775	79	31	relationships	relationship	NOUN
fbem-30775	79	32	,	,	PUNCT
fbem-30775	79	33	increasing	increase	VERB
fbem-30775	79	34	equal	equal	ADJ
fbem-30775	79	35	relationships	relationship	NOUN
fbem-30775	79	36	,	,	PUNCT
fbem-30775	79	37	and	and	CCONJ
fbem-30775	79	38	improving	improve	VERB
fbem-30775	79	39	decision	decision	NOUN
fbem-30775	79	40	-	-	PUNCT
fbem-30775	79	41	making	make	VERB
fbem-30775	79	42	efficiency	efficiency	NOUN
fbem-30775	79	43	and	and	CCONJ
fbem-30775	79	44	employee	employee	NOUN
fbem-30775	79	45	motivation	motivation	NOUN
fbem-30775	79	46	;	;	PUNCT
fbem-30775	79	47	in	in	ADP
fbem-30775	79	48	terms	term	NOUN
fbem-30775	79	49	of	of	ADP
fbem-30775	79	50	equity	equity	NOUN
fbem-30775	79	51	structure	structure	NOUN
fbem-30775	79	52	,	,	PUNCT
fbem-30775	79	53	pinduoduo	pinduoduo	NOUN
fbem-30775	79	54	adopts	adopt	VERB
fbem-30775	79	55	ab	ab	PROPN
fbem-30775	79	56	share	share	NOUN
fbem-30775	79	57	structure	structure	NOUN
fbem-30775	79	58	and	and	CCONJ
fbem-30775	79	59	vie	vie	PROPN
fbem-30775	79	60	structure	structure	NOUN
fbem-30775	79	61	,	,	PUNCT
fbem-30775	79	62	which	which	PRON
fbem-30775	79	63	can	can	AUX
fbem-30775	79	64	ensure	ensure	VERB
fbem-30775	79	65	the	the	DET
fbem-30775	79	66	absolute	absolute	ADJ
fbem-30775	79	67	control	control	NOUN
fbem-30775	79	68	of	of	ADP
fbem-30775	79	69	the	the	DET
fbem-30775	79	70	company	company	NOUN
fbem-30775	79	71	's	's	PART
fbem-30775	79	72	founder	founder	NOUN
fbem-30775	79	73	,	,	PUNCT
fbem-30775	79	74	effectively	effectively	ADV
fbem-30775	79	75	resist	resist	VERB
fbem-30775	79	76	external	external	ADJ
fbem-30775	79	77	capital	capital	NOUN
fbem-30775	79	78	interference	interference	NOUN
fbem-30775	79	79	,	,	PUNCT
fbem-30775	79	80	maintain	maintain	VERB
fbem-30775	79	81	the	the	DET
fbem-30775	79	82	stability	stability	NOUN
fbem-30775	79	83	and	and	CCONJ
fbem-30775	79	84	continuity	continuity	NOUN
fbem-30775	79	85	of	of	ADP
fbem-30775	79	86	the	the	DET
fbem-30775	79	87	company	company	NOUN
fbem-30775	79	88	's	's	PART
fbem-30775	79	89	strategy	strategy	NOUN
fbem-30775	79	90	,	,	PUNCT
fbem-30775	79	91	and	and	CCONJ
fbem-30775	79	92	better	well	ADV
fbem-30775	79	93	adapt	adapt	VERB
fbem-30775	79	94	to	to	ADP
fbem-30775	79	95	the	the	DET
fbem-30775	79	96	needs	need	NOUN
fbem-30775	79	97	of	of	ADP
fbem-30775	79	98	the	the	DET
fbem-30775	79	99	international	international	ADJ
fbem-30775	79	100	market	market	NOUN
fbem-30775	79	101	,	,	PUNCT
fbem-30775	79	102	providing	provide	VERB
fbem-30775	79	103	more	more	ADJ
fbem-30775	79	104	possibilities	possibility	NOUN
fbem-30775	79	105	for	for	ADP
fbem-30775	79	106	the	the	DET
fbem-30775	79	107	company	company	NOUN
fbem-30775	79	108	's	's	PART
fbem-30775	79	109	future	future	ADJ
fbem-30775	79	110	development	development	NOUN
fbem-30775	79	111	;	;	PUNCT
fbem-30775	79	112	in	in	ADP
fbem-30775	79	113	terms	term	NOUN
fbem-30775	79	114	of	of	ADP
fbem-30775	79	115	decision	decision	NOUN
fbem-30775	79	116	-	-	PUNCT
fbem-30775	79	117	making	make	VERB
fbem-30775	79	118	mechanism	mechanism	NOUN
fbem-30775	79	119	,	,	PUNCT
fbem-30775	79	120	pinduoduo	pinduoduo	NOUN
fbem-30775	79	121	's	's	PART
fbem-30775	79	122	decisionmaking	decisionmake	VERB
fbem-30775	79	123	mechanism	mechanism	NOUN
fbem-30775	79	124	includes	include	VERB
fbem-30775	79	125	the	the	DET
fbem-30775	79	126	shareholders	shareholder	NOUN
fbem-30775	79	127	'	'	PART
fbem-30775	79	128	meeting	meeting	NOUN
fbem-30775	79	129	and	and	CCONJ
fbem-30775	79	130	the	the	DET
fbem-30775	79	131	board	board	NOUN
fbem-30775	79	132	of	of	ADP
fbem-30775	79	133	directors	director	NOUN
fbem-30775	79	134	.	.	PUNCT
fbem-30775	80	1	the	the	DET
fbem-30775	80	2	shareholders	shareholder	NOUN
fbem-30775	80	3	'	'	PART
fbem-30775	80	4	meeting	meeting	NOUN
fbem-30775	80	5	is	be	AUX
fbem-30775	80	6	the	the	DET
fbem-30775	80	7	highest	high	ADJ
fbem-30775	80	8	decision	decision	NOUN
fbem-30775	80	9	-	-	PUNCT
fbem-30775	80	10	making	make	VERB
fbem-30775	80	11	body	body	NOUN
fbem-30775	80	12	of	of	ADP
fbem-30775	80	13	the	the	DET
fbem-30775	80	14	company	company	NOUN
fbem-30775	80	15	,	,	PUNCT
fbem-30775	80	16	which	which	PRON
fbem-30775	80	17	decides	decide	VERB
fbem-30775	80	18	on	on	ADP
fbem-30775	80	19	major	major	ADJ
fbem-30775	80	20	issues	issue	NOUN
fbem-30775	80	21	.	.	PUNCT
fbem-30775	81	1	pinduoduo	pinduoduo	NOUN
fbem-30775	81	2	's	's	PART
fbem-30775	81	3	management	management	NOUN
fbem-30775	81	4	holds	hold	VERB
fbem-30775	81	5	33.2	33.2	NUM
fbem-30775	81	6	%	%	NOUN
fbem-30775	81	7	of	of	ADP
fbem-30775	81	8	the	the	DET
fbem-30775	81	9	shares	share	NOUN
fbem-30775	81	10	,	,	PUNCT
fbem-30775	81	11	and	and	CCONJ
fbem-30775	81	12	the	the	DET
fbem-30775	81	13	board	board	NOUN
fbem-30775	81	14	of	of	ADP
fbem-30775	81	15	directors	director	NOUN
fbem-30775	81	16	is	be	AUX
fbem-30775	81	17	composed	compose	VERB
fbem-30775	81	18	of	of	ADP
fbem-30775	81	19	three	three	NUM
fbem-30775	81	20	executive	executive	ADJ
fbem-30775	81	21	directors	director	NOUN
fbem-30775	81	22	and	and	CCONJ
fbem-30775	81	23	four	four	NUM
fbem-30775	81	24	external	external	ADJ
fbem-30775	81	25	independent	independent	ADJ
fbem-30775	81	26	directors	director	NOUN
fbem-30775	81	27	to	to	PART
fbem-30775	81	28	ensure	ensure	VERB
fbem-30775	81	29	transparency	transparency	NOUN
fbem-30775	81	30	and	and	CCONJ
fbem-30775	81	31	fairness	fairness	NOUN
fbem-30775	81	32	in	in	ADP
fbem-30775	81	33	decision	decision	NOUN
fbem-30775	81	34	-	-	PUNCT
fbem-30775	81	35	making	making	NOUN
fbem-30775	81	36	.	.	PUNCT
fbem-30775	82	1	pinduoduo	pinduoduo	NOUN
fbem-30775	82	2	's	's	PART
fbem-30775	82	3	corporate	corporate	ADJ
fbem-30775	82	4	governance	governance	NOUN
fbem-30775	82	5	focuses	focus	VERB
fbem-30775	82	6	on	on	ADP
fbem-30775	82	7	meeting	meet	VERB
fbem-30775	82	8	legal	legal	ADJ
fbem-30775	82	9	requirements	requirement	NOUN
fbem-30775	82	10	,	,	PUNCT
fbem-30775	82	11	aligning	align	VERB
fbem-30775	82	12	with	with	ADP
fbem-30775	82	13	the	the	DET
fbem-30775	82	14	company	company	NOUN
fbem-30775	82	15	's	's	PART
fbem-30775	82	16	best	good	ADJ
fbem-30775	82	17	practices	practice	NOUN
fbem-30775	82	18	,	,	PUNCT
fbem-30775	82	19	and	and	CCONJ
fbem-30775	82	20	maintaining	maintain	VERB
fbem-30775	82	21	active	active	ADJ
fbem-30775	82	22	engagement	engagement	NOUN
fbem-30775	82	23	with	with	ADP
fbem-30775	82	24	shareholders	shareholder	NOUN
fbem-30775	82	25	and	and	CCONJ
fbem-30775	82	26	other	other	ADJ
fbem-30775	82	27	stakeholders	stakeholder	NOUN
fbem-30775	82	28	.	.	PUNCT
fbem-30775	83	1	corporate	corporate	ADJ
fbem-30775	83	2	governance	governance	NOUN
fbem-30775	83	3	advocates	advocate	NOUN
fbem-30775	83	4	open	open	ADJ
fbem-30775	83	5	and	and	CCONJ
fbem-30775	83	6	fair	fair	ADJ
fbem-30775	83	7	competition	competition	NOUN
fbem-30775	83	8	,	,	PUNCT
fbem-30775	83	9	opposes	oppose	VERB
fbem-30775	83	10	any	any	DET
fbem-30775	83	11	form	form	NOUN
fbem-30775	83	12	of	of	ADP
fbem-30775	83	13	bribery	bribery	NOUN
fbem-30775	83	14	and	and	CCONJ
fbem-30775	83	15	corruption	corruption	NOUN
fbem-30775	83	16	,	,	PUNCT
fbem-30775	83	17	adopts	adopt	VERB
fbem-30775	83	18	a	a	DET
fbem-30775	83	19	dual	dual	ADJ
fbem-30775	83	20	approach	approach	NOUN
fbem-30775	83	21	of	of	ADP
fbem-30775	83	22	prevention	prevention	NOUN
fbem-30775	83	23	and	and	CCONJ
fbem-30775	83	24	law	law	NOUN
fbem-30775	83	25	enforcement	enforcement	NOUN
fbem-30775	83	26	to	to	ADP
fbem-30775	83	27	combat	combat	NOUN
fbem-30775	83	28	corruption	corruption	NOUN
fbem-30775	83	29	,	,	PUNCT
fbem-30775	83	30	and	and	CCONJ
fbem-30775	83	31	requires	require	VERB
fbem-30775	83	32	employees	employee	NOUN
fbem-30775	83	33	to	to	PART
fbem-30775	83	34	have	have	VERB
fbem-30775	83	35	high	high	ADJ
fbem-30775	83	36	standards	standard	NOUN
fbem-30775	83	37	of	of	ADP
fbem-30775	83	38	integrity	integrity	NOUN
fbem-30775	83	39	through	through	ADP
fbem-30775	83	40	the	the	DET
fbem-30775	83	41	establishment	establishment	NOUN
fbem-30775	83	42	of	of	ADP
fbem-30775	83	43	anticorruption	anticorruption	NOUN
fbem-30775	83	44	policies	policy	NOUN
fbem-30775	83	45	and	and	CCONJ
fbem-30775	83	46	guidelines	guideline	NOUN
fbem-30775	83	47	.	.	PUNCT
fbem-30775	84	1	at	at	ADP
fbem-30775	84	2	present	present	ADJ
fbem-30775	84	3	,	,	PUNCT
fbem-30775	84	4	the	the	DET
fbem-30775	84	5	company	company	NOUN
fbem-30775	84	6	has	have	AUX
fbem-30775	84	7	established	establish	VERB
fbem-30775	84	8	a	a	DET
fbem-30775	84	9	comprehensive	comprehensive	ADJ
fbem-30775	84	10	internal	internal	ADJ
fbem-30775	84	11	control	control	NOUN
fbem-30775	84	12	system	system	NOUN
fbem-30775	84	13	to	to	ADP
fbem-30775	84	14	155	155	NUM
fbem-30775	84	15	ensure	ensure	VERB
fbem-30775	84	16	the	the	DET
fbem-30775	84	17	compliance	compliance	NOUN
fbem-30775	84	18	and	and	CCONJ
fbem-30775	84	19	stability	stability	NOUN
fbem-30775	84	20	of	of	ADP
fbem-30775	84	21	its	its	PRON
fbem-30775	84	22	operations	operation	NOUN
fbem-30775	84	23	.	.	PUNCT
fbem-30775	85	1	3	3	X
fbem-30775	85	2	.	.	X
fbem-30775	85	3	the	the	DET
fbem-30775	85	4	impact	impact	NOUN
fbem-30775	85	5	of	of	ADP
fbem-30775	85	6	esg	esg	PROPN
fbem-30775	85	7	information	information	NOUN
fbem-30775	85	8	disclosure	disclosure	NOUN
fbem-30775	85	9	and	and	CCONJ
fbem-30775	85	10	performance	performance	NOUN
fbem-30775	85	11	on	on	ADP
fbem-30775	85	12	corporate	corporate	ADJ
fbem-30775	85	13	financial	financial	ADJ
fbem-30775	85	14	performance	performance	NOUN
fbem-30775	85	15	3.1	3.1	NUM
fbem-30775	85	16	.	.	PUNCT
fbem-30775	85	17	profitability	profitability	NOUN
fbem-30775	85	18	profitability	profitability	NOUN
fbem-30775	85	19	is	be	AUX
fbem-30775	85	20	the	the	DET
fbem-30775	85	21	comprehensive	comprehensive	ADJ
fbem-30775	85	22	ability	ability	NOUN
fbem-30775	85	23	of	of	ADP
fbem-30775	85	24	a	a	DET
fbem-30775	85	25	company	company	NOUN
fbem-30775	85	26	to	to	PART
fbem-30775	85	27	earn	earn	VERB
fbem-30775	85	28	profits	profit	NOUN
fbem-30775	85	29	,	,	PUNCT
fbem-30775	85	30	mainly	mainly	ADV
fbem-30775	85	31	reflected	reflect	VERB
fbem-30775	85	32	through	through	ADP
fbem-30775	85	33	indicators	indicator	NOUN
fbem-30775	85	34	such	such	ADJ
fbem-30775	85	35	as	as	ADP
fbem-30775	85	36	return	return	NOUN
fbem-30775	85	37	on	on	ADP
fbem-30775	85	38	equity	equity	NOUN
fbem-30775	85	39	(	(	PUNCT
fbem-30775	85	40	roe	roe	PROPN
fbem-30775	85	41	)	)	PUNCT
fbem-30775	85	42	,	,	PUNCT
fbem-30775	85	43	return	return	VERB
fbem-30775	85	44	on	on	ADP
fbem-30775	85	45	total	total	ADJ
fbem-30775	85	46	assets	asset	NOUN
fbem-30775	85	47	(	(	PUNCT
fbem-30775	85	48	roa	roa	NOUN
fbem-30775	85	49	)	)	PUNCT
fbem-30775	85	50	,	,	PUNCT
fbem-30775	85	51	sales	sale	NOUN
fbem-30775	85	52	net	net	ADJ
fbem-30775	85	53	profit	profit	NOUN
fbem-30775	85	54	margin	margin	NOUN
fbem-30775	85	55	,	,	PUNCT
fbem-30775	85	56	and	and	CCONJ
fbem-30775	85	57	sales	sale	NOUN
fbem-30775	85	58	gross	gross	ADJ
fbem-30775	85	59	profit	profit	NOUN
fbem-30775	85	60	margin	margin	NOUN
fbem-30775	85	61	.	.	PUNCT
fbem-30775	86	1	this	this	DET
fbem-30775	86	2	article	article	NOUN
fbem-30775	86	3	selects	select	VERB
fbem-30775	86	4	four	four	NUM
fbem-30775	86	5	relative	relative	ADJ
fbem-30775	86	6	indicators	indicator	NOUN
fbem-30775	86	7	,	,	PUNCT
fbem-30775	86	8	namely	namely	ADV
fbem-30775	86	9	return	return	VERB
fbem-30775	86	10	on	on	ADP
fbem-30775	86	11	equity	equity	NOUN
fbem-30775	86	12	,	,	PUNCT
fbem-30775	86	13	return	return	VERB
fbem-30775	86	14	on	on	ADP
fbem-30775	86	15	total	total	ADJ
fbem-30775	86	16	assets	asset	NOUN
fbem-30775	86	17	,	,	PUNCT
fbem-30775	86	18	gross	gross	ADJ
fbem-30775	86	19	profit	profit	NOUN
fbem-30775	86	20	margin	margin	NOUN
fbem-30775	86	21	on	on	ADP
fbem-30775	86	22	sales	sale	NOUN
fbem-30775	86	23	,	,	PUNCT
fbem-30775	86	24	and	and	CCONJ
fbem-30775	86	25	net	net	ADJ
fbem-30775	86	26	profit	profit	NOUN
fbem-30775	86	27	margin	margin	NOUN
fbem-30775	86	28	on	on	ADP
fbem-30775	86	29	sales	sale	NOUN
fbem-30775	86	30	,	,	PUNCT
fbem-30775	86	31	to	to	PART
fbem-30775	86	32	measure	measure	VERB
fbem-30775	86	33	the	the	DET
fbem-30775	86	34	impact	impact	NOUN
fbem-30775	86	35	of	of	ADP
fbem-30775	86	36	pinduoduo	pinduoduo	NOUN
fbem-30775	86	37	's	's	PART
fbem-30775	86	38	esg	esg	NOUN
fbem-30775	86	39	information	information	NOUN
fbem-30775	86	40	disclosure	disclosure	NOUN
fbem-30775	86	41	and	and	CCONJ
fbem-30775	86	42	performance	performance	NOUN
fbem-30775	86	43	on	on	ADP
fbem-30775	86	44	the	the	DET
fbem-30775	86	45	company	company	NOUN
fbem-30775	86	46	's	's	PART
fbem-30775	86	47	profitability	profitability	NOUN
fbem-30775	86	48	.	.	PUNCT
fbem-30775	87	1	table	table	NOUN
fbem-30775	87	2	3	3	NUM
fbem-30775	87	3	.	.	PUNCT
fbem-30775	87	4	profitability	profitability	NOUN
fbem-30775	87	5	indicators	indicator	NOUN
fbem-30775	87	6	of	of	ADP
fbem-30775	87	7	pinduoduo	pinduoduo	NOUN
fbem-30775	87	8	from	from	ADP
fbem-30775	87	9	2019	2019	NUM
fbem-30775	87	10	to	to	ADP
fbem-30775	87	11	2023	2023	NUM
fbem-30775	87	12	year	year	NOUN
fbem-30775	87	13	return	return	NOUN
fbem-30775	87	14	on	on	ADP
fbem-30775	87	15	equity	equity	NOUN
fbem-30775	87	16	(	(	PUNCT
fbem-30775	87	17	%	%	INTJ
fbem-30775	87	18	)	)	PUNCT
fbem-30775	87	19	return	return	NOUN
fbem-30775	87	20	on	on	ADP
fbem-30775	87	21	total	total	ADJ
fbem-30775	87	22	assets	asset	NOUN
fbem-30775	87	23	(	(	PUNCT
fbem-30775	87	24	%	%	INTJ
fbem-30775	87	25	)	)	PUNCT
fbem-30775	87	26	sales	sale	NOUN
fbem-30775	87	27	gross	gross	ADJ
fbem-30775	87	28	profit	profit	NOUN
fbem-30775	87	29	margin	margin	NOUN
fbem-30775	87	30	(	(	PUNCT
fbem-30775	87	31	%	%	INTJ
fbem-30775	87	32	)	)	PUNCT
fbem-30775	87	33	sales	sale	NOUN
fbem-30775	87	34	net	net	ADJ
fbem-30775	87	35	profit	profit	NOUN
fbem-30775	87	36	margin	margin	NOUN
fbem-30775	87	37	(	(	PUNCT
fbem-30775	87	38	%	%	INTJ
fbem-30775	87	39	)	)	PUNCT
fbem-30775	87	40	2019	2019	NUM
fbem-30775	87	41	-32.06	-32.06	PUNCT
fbem-30775	87	42	-11.69	-11.69	VERB
fbem-30775	87	43	78.97	78.97	NUM
fbem-30775	87	44	-23.12	-23.12	SYM
fbem-30775	87	45	2020	2020	NUM
fbem-30775	87	46	-16.93	-16.93	PROPN
fbem-30775	87	47	-6.11	-6.11	NUM
fbem-30775	87	48	67.59	67.59	NUM
fbem-30775	87	49	-12.07	-12.07	SYM
fbem-30775	87	50	2021	2021	NUM
fbem-30775	87	51	11.48	11.48	NUM
fbem-30775	87	52	4.57	4.57	NUM
fbem-30775	87	53	66.24	66.24	NUM
fbem-30775	87	54	8.27	8.27	NUM
fbem-30775	87	55	2022	2022	NUM
fbem-30775	87	56	32.70	32.70	NUM
fbem-30775	87	57	15.08	15.08	NUM
fbem-30775	87	58	75.90	75.90	NUM
fbem-30775	87	59	24.16	24.16	NUM
fbem-30775	87	60	2023	2023	NUM
fbem-30775	87	61	39.36	39.36	NUM
fbem-30775	87	62	20.51	20.51	NUM
fbem-30775	87	63	62.96	62.96	NUM
fbem-30775	87	64	24.24	24.24	NUM
fbem-30775	87	65	according	accord	VERB
fbem-30775	87	66	to	to	ADP
fbem-30775	87	67	the	the	DET
fbem-30775	87	68	data	datum	NOUN
fbem-30775	87	69	analysis	analysis	NOUN
fbem-30775	87	70	in	in	ADP
fbem-30775	87	71	table	table	NOUN
fbem-30775	87	72	3	3	NUM
fbem-30775	87	73	,	,	PUNCT
fbem-30775	87	74	it	it	PRON
fbem-30775	87	75	can	can	AUX
fbem-30775	87	76	be	be	AUX
fbem-30775	87	77	seen	see	VERB
fbem-30775	87	78	that	that	SCONJ
fbem-30775	87	79	from	from	ADP
fbem-30775	87	80	2019	2019	NUM
fbem-30775	87	81	to	to	ADP
fbem-30775	87	82	2023	2023	NUM
fbem-30775	87	83	,	,	PUNCT
fbem-30775	87	84	pinduoduo	pinduoduo	NOUN
fbem-30775	87	85	's	's	PART
fbem-30775	87	86	various	various	ADJ
fbem-30775	87	87	profit	profit	NOUN
fbem-30775	87	88	indicators	indicator	NOUN
fbem-30775	87	89	have	have	AUX
fbem-30775	87	90	shown	show	VERB
fbem-30775	87	91	an	an	DET
fbem-30775	87	92	increasing	increase	VERB
fbem-30775	87	93	trend	trend	NOUN
fbem-30775	87	94	.	.	PUNCT
fbem-30775	88	1	however	however	ADV
fbem-30775	88	2	,	,	PUNCT
fbem-30775	88	3	from	from	ADP
fbem-30775	88	4	2019	2019	NUM
fbem-30775	88	5	to	to	ADP
fbem-30775	88	6	2020	2020	NUM
fbem-30775	88	7	,	,	PUNCT
fbem-30775	88	8	whether	whether	SCONJ
fbem-30775	88	9	it	it	PRON
fbem-30775	88	10	is	be	AUX
fbem-30775	88	11	the	the	DET
fbem-30775	88	12	return	return	NOUN
fbem-30775	88	13	on	on	ADP
fbem-30775	88	14	net	net	ADJ
fbem-30775	88	15	assets	asset	NOUN
fbem-30775	88	16	,	,	PUNCT
fbem-30775	88	17	the	the	DET
fbem-30775	88	18	return	return	NOUN
fbem-30775	88	19	on	on	ADP
fbem-30775	88	20	total	total	ADJ
fbem-30775	88	21	assets	asset	NOUN
fbem-30775	88	22	,	,	PUNCT
fbem-30775	88	23	or	or	CCONJ
fbem-30775	88	24	the	the	DET
fbem-30775	88	25	sales	sale	NOUN
fbem-30775	88	26	net	net	ADJ
fbem-30775	88	27	profit	profit	NOUN
fbem-30775	88	28	margin	margin	NOUN
fbem-30775	88	29	,	,	PUNCT
fbem-30775	88	30	they	they	PRON
fbem-30775	88	31	are	be	AUX
fbem-30775	88	32	all	all	ADV
fbem-30775	88	33	negative	negative	ADJ
fbem-30775	88	34	.	.	PUNCT
fbem-30775	89	1	the	the	DET
fbem-30775	89	2	company	company	NOUN
fbem-30775	89	3	is	be	AUX
fbem-30775	89	4	basically	basically	ADV
fbem-30775	89	5	in	in	ADP
fbem-30775	89	6	a	a	DET
fbem-30775	89	7	loss	loss	NOUN
fbem-30775	89	8	making	make	VERB
fbem-30775	89	9	state	state	NOUN
fbem-30775	89	10	and	and	CCONJ
fbem-30775	89	11	has	have	VERB
fbem-30775	89	12	no	no	DET
fbem-30775	89	13	profit	profit	NOUN
fbem-30775	89	14	to	to	PART
fbem-30775	89	15	speak	speak	VERB
fbem-30775	89	16	of	of	ADP
fbem-30775	89	17	.	.	PUNCT
fbem-30775	90	1	this	this	PRON
fbem-30775	90	2	is	be	AUX
fbem-30775	90	3	mainly	mainly	ADV
fbem-30775	90	4	because	because	SCONJ
fbem-30775	90	5	the	the	DET
fbem-30775	90	6	early	early	ADJ
fbem-30775	90	7	practice	practice	NOUN
fbem-30775	90	8	of	of	ADP
fbem-30775	90	9	esg	esg	PROPN
fbem-30775	90	10	also	also	ADV
fbem-30775	90	11	requires	require	VERB
fbem-30775	90	12	a	a	DET
fbem-30775	90	13	lot	lot	NOUN
fbem-30775	90	14	of	of	ADP
fbem-30775	90	15	manpower	manpower	NOUN
fbem-30775	90	16	,	,	PUNCT
fbem-30775	90	17	material	material	NOUN
fbem-30775	90	18	resources	resource	NOUN
fbem-30775	90	19	,	,	PUNCT
fbem-30775	90	20	and	and	CCONJ
fbem-30775	90	21	financial	financial	ADJ
fbem-30775	90	22	resources	resource	NOUN
fbem-30775	90	23	,	,	PUNCT
fbem-30775	90	24	which	which	PRON
fbem-30775	90	25	has	have	VERB
fbem-30775	90	26	a	a	DET
fbem-30775	90	27	certain	certain	ADJ
fbem-30775	90	28	lag	lag	NOUN
fbem-30775	90	29	.	.	PUNCT
fbem-30775	91	1	in	in	ADP
fbem-30775	91	2	addition	addition	NOUN
fbem-30775	91	3	,	,	PUNCT
fbem-30775	91	4	the	the	DET
fbem-30775	91	5	economic	economic	ADJ
fbem-30775	91	6	downturn	downturn	NOUN
fbem-30775	91	7	under	under	ADP
fbem-30775	91	8	the	the	DET
fbem-30775	91	9	influence	influence	NOUN
fbem-30775	91	10	of	of	ADP
fbem-30775	91	11	the	the	DET
fbem-30775	91	12	epidemic	epidemic	NOUN
fbem-30775	91	13	has	have	AUX
fbem-30775	91	14	put	put	VERB
fbem-30775	91	15	the	the	DET
fbem-30775	91	16	company	company	NOUN
fbem-30775	91	17	in	in	ADP
fbem-30775	91	18	a	a	DET
fbem-30775	91	19	loss	loss	NOUN
fbem-30775	91	20	making	make	VERB
fbem-30775	91	21	state	state	NOUN
fbem-30775	91	22	.	.	PUNCT
fbem-30775	92	1	since	since	SCONJ
fbem-30775	92	2	2022	2022	NUM
fbem-30775	92	3	,	,	PUNCT
fbem-30775	92	4	various	various	ADJ
fbem-30775	92	5	profit	profit	NOUN
fbem-30775	92	6	indicators	indicator	NOUN
fbem-30775	92	7	of	of	ADP
fbem-30775	92	8	enterprises	enterprise	NOUN
fbem-30775	92	9	have	have	AUX
fbem-30775	92	10	gradually	gradually	ADV
fbem-30775	92	11	improved	improve	VERB
fbem-30775	92	12	,	,	PUNCT
fbem-30775	92	13	and	and	CCONJ
fbem-30775	92	14	the	the	DET
fbem-30775	92	15	impact	impact	NOUN
fbem-30775	92	16	of	of	ADP
fbem-30775	92	17	esg	esg	PROPN
fbem-30775	92	18	on	on	ADP
fbem-30775	92	19	corporate	corporate	ADJ
fbem-30775	92	20	financial	financial	ADJ
fbem-30775	92	21	performance	performance	NOUN
fbem-30775	92	22	has	have	AUX
fbem-30775	92	23	also	also	ADV
fbem-30775	92	24	gradually	gradually	ADV
fbem-30775	92	25	become	become	VERB
fbem-30775	92	26	apparent	apparent	ADJ
fbem-30775	92	27	.	.	PUNCT
fbem-30775	93	1	from	from	ADP
fbem-30775	93	2	an	an	DET
fbem-30775	93	3	environmental	environmental	ADJ
fbem-30775	93	4	perspective	perspective	NOUN
fbem-30775	93	5	,	,	PUNCT
fbem-30775	93	6	pinduoduo	pinduoduo	PROPN
fbem-30775	93	7	's	's	PART
fbem-30775	93	8	green	green	ADJ
fbem-30775	93	9	supply	supply	NOUN
fbem-30775	93	10	chain	chain	NOUN
fbem-30775	93	11	has	have	AUX
fbem-30775	93	12	achieved	achieve	VERB
fbem-30775	93	13	cost	cost	NOUN
fbem-30775	93	14	reduction	reduction	NOUN
fbem-30775	93	15	and	and	CCONJ
fbem-30775	93	16	efficiency	efficiency	NOUN
fbem-30775	93	17	improvement	improvement	NOUN
fbem-30775	93	18	for	for	ADP
fbem-30775	93	19	enterprises	enterprise	NOUN
fbem-30775	93	20	,	,	PUNCT
fbem-30775	93	21	intelligent	intelligent	ADJ
fbem-30775	93	22	warehousing	warehousing	NOUN
fbem-30775	93	23	has	have	AUX
fbem-30775	93	24	shortened	shorten	VERB
fbem-30775	93	25	transportation	transportation	NOUN
fbem-30775	93	26	distances	distance	NOUN
fbem-30775	93	27	,	,	PUNCT
fbem-30775	93	28	green	green	ADJ
fbem-30775	93	29	packaging	packaging	NOUN
fbem-30775	93	30	has	have	AUX
fbem-30775	93	31	saved	save	VERB
fbem-30775	93	32	packaging	packaging	NOUN
fbem-30775	93	33	costs	cost	NOUN
fbem-30775	93	34	,	,	PUNCT
fbem-30775	93	35	and	and	CCONJ
fbem-30775	93	36	cost	cost	NOUN
fbem-30775	93	37	reduction	reduction	NOUN
fbem-30775	93	38	has	have	AUX
fbem-30775	93	39	expanded	expand	VERB
fbem-30775	93	40	the	the	DET
fbem-30775	93	41	profit	profit	NOUN
fbem-30775	93	42	margin	margin	NOUN
fbem-30775	93	43	of	of	ADP
fbem-30775	93	44	enterprises	enterprise	NOUN
fbem-30775	93	45	,	,	PUNCT
fbem-30775	93	46	thereby	thereby	ADV
fbem-30775	93	47	enhancing	enhance	VERB
fbem-30775	93	48	profitability	profitability	NOUN
fbem-30775	93	49	and	and	CCONJ
fbem-30775	93	50	profitability	profitability	NOUN
fbem-30775	93	51	;	;	PUNCT
fbem-30775	93	52	from	from	ADP
fbem-30775	93	53	a	a	DET
fbem-30775	93	54	social	social	ADJ
fbem-30775	93	55	perspective	perspective	NOUN
fbem-30775	93	56	,	,	PUNCT
fbem-30775	93	57	pinduoduo	pinduoduo	NOUN
fbem-30775	93	58	's	's	PART
fbem-30775	93	59	agricultural	agricultural	ADJ
fbem-30775	93	60	assistance	assistance	NOUN
fbem-30775	93	61	program	program	NOUN
fbem-30775	93	62	drives	drive	VERB
fbem-30775	93	63	the	the	DET
fbem-30775	93	64	growth	growth	NOUN
fbem-30775	93	65	of	of	ADP
fbem-30775	93	66	enterprise	enterprise	NOUN
fbem-30775	93	67	gmv	gmv	ADJ
fbem-30775	93	68	.	.	PUNCT
fbem-30775	94	1	its	its	PRON
fbem-30775	94	2	agricultural	agricultural	ADJ
fbem-30775	94	3	assistance	assistance	NOUN
fbem-30775	94	4	program	program	NOUN
fbem-30775	94	5	covers	cover	VERB
fbem-30775	94	6	more	more	ADJ
fbem-30775	94	7	than	than	ADP
fbem-30775	94	8	2300	2300	NUM
fbem-30775	94	9	counties	county	NOUN
fbem-30775	94	10	,	,	PUNCT
fbem-30775	94	11	reaching	reach	VERB
fbem-30775	94	12	400	400	NUM
fbem-30775	94	13	million	million	NUM
fbem-30775	94	14	sinking	sink	VERB
fbem-30775	94	15	users	user	NOUN
fbem-30775	94	16	that	that	SCONJ
fbem-30775	94	17	traditional	traditional	ADJ
fbem-30775	94	18	e	e	NOUN
fbem-30775	94	19	-	-	NOUN
fbem-30775	94	20	commerce	commerce	NOUN
fbem-30775	94	21	has	have	AUX
fbem-30775	94	22	not	not	PART
fbem-30775	94	23	penetrated	penetrate	VERB
fbem-30775	94	24	,	,	PUNCT
fbem-30775	94	25	directly	directly	ADV
fbem-30775	94	26	driving	drive	VERB
fbem-30775	94	27	the	the	DET
fbem-30775	94	28	annual	annual	ADJ
fbem-30775	94	29	active	active	ADJ
fbem-30775	94	30	buyers	buyer	NOUN
fbem-30775	94	31	to	to	ADP
fbem-30775	94	32	880	880	NUM
fbem-30775	94	33	million	million	NUM
fbem-30775	94	34	.	.	PUNCT
fbem-30775	95	1	the	the	DET
fbem-30775	95	2	repurchase	repurchase	NOUN
fbem-30775	95	3	rate	rate	NOUN
fbem-30775	95	4	of	of	ADP
fbem-30775	95	5	agricultural	agricultural	ADJ
fbem-30775	95	6	products	product	NOUN
fbem-30775	95	7	is	be	AUX
fbem-30775	95	8	high	high	ADJ
fbem-30775	95	9	,	,	PUNCT
fbem-30775	95	10	and	and	CCONJ
fbem-30775	95	11	the	the	DET
fbem-30775	95	12	average	average	ADJ
fbem-30775	95	13	annual	annual	ADJ
fbem-30775	95	14	consumption	consumption	NOUN
fbem-30775	95	15	of	of	ADP
fbem-30775	95	16	users	user	NOUN
fbem-30775	95	17	has	have	AUX
fbem-30775	95	18	increased	increase	VERB
fbem-30775	95	19	year	year	NOUN
fbem-30775	95	20	by	by	ADP
fbem-30775	95	21	year	year	NOUN
fbem-30775	95	22	.	.	PUNCT
fbem-30775	96	1	the	the	DET
fbem-30775	96	2	billion	billion	NUM
fbem-30775	96	3	yuan	yuan	NOUN
fbem-30775	96	4	subsidy	subsidy	NOUN
fbem-30775	96	5	and	and	CCONJ
fbem-30775	96	6	genuine	genuine	ADJ
fbem-30775	96	7	product	product	NOUN
fbem-30775	96	8	guarantee	guarantee	NOUN
fbem-30775	96	9	projects	project	NOUN
fbem-30775	96	10	have	have	AUX
fbem-30775	96	11	also	also	ADV
fbem-30775	96	12	enhanced	enhance	VERB
fbem-30775	96	13	consumer	consumer	NOUN
fbem-30775	96	14	trust	trust	NOUN
fbem-30775	96	15	,	,	PUNCT
fbem-30775	96	16	which	which	PRON
fbem-30775	96	17	directly	directly	ADV
fbem-30775	96	18	translates	translate	VERB
fbem-30775	96	19	into	into	ADP
fbem-30775	96	20	an	an	DET
fbem-30775	96	21	increase	increase	NOUN
fbem-30775	96	22	in	in	ADP
fbem-30775	96	23	enterprise	enterprise	NOUN
fbem-30775	96	24	sales	sale	NOUN
fbem-30775	96	25	and	and	CCONJ
fbem-30775	96	26	drives	drive	VERB
fbem-30775	96	27	the	the	DET
fbem-30775	96	28	improvement	improvement	NOUN
fbem-30775	96	29	of	of	ADP
fbem-30775	96	30	enterprise	enterprise	NOUN
fbem-30775	96	31	profitability	profitability	NOUN
fbem-30775	96	32	.	.	PUNCT
fbem-30775	97	1	3.2	3.2	NUM
fbem-30775	97	2	.	.	PUNCT
fbem-30775	98	1	debt	debt	NOUN
fbem-30775	98	2	paying	pay	VERB
fbem-30775	98	3	ability	ability	NOUN
fbem-30775	98	4	debt	debt	NOUN
fbem-30775	98	5	paying	pay	VERB
fbem-30775	98	6	ability	ability	NOUN
fbem-30775	98	7	refers	refer	VERB
fbem-30775	98	8	to	to	ADP
fbem-30775	98	9	the	the	DET
fbem-30775	98	10	ability	ability	NOUN
fbem-30775	98	11	of	of	ADP
fbem-30775	98	12	an	an	DET
fbem-30775	98	13	enterprise	enterprise	NOUN
fbem-30775	98	14	to	to	PART
fbem-30775	98	15	use	use	VERB
fbem-30775	98	16	its	its	PRON
fbem-30775	98	17	assets	asset	NOUN
fbem-30775	98	18	to	to	PART
fbem-30775	98	19	repay	repay	VERB
fbem-30775	98	20	long	long	ADJ
fbem-30775	98	21	-	-	PUNCT
fbem-30775	98	22	term	term	NOUN
fbem-30775	98	23	and	and	CCONJ
fbem-30775	98	24	short	short	ADJ
fbem-30775	98	25	-	-	PUNCT
fbem-30775	98	26	term	term	NOUN
fbem-30775	98	27	debts	debt	NOUN
fbem-30775	98	28	.	.	PUNCT
fbem-30775	99	1	it	it	PRON
fbem-30775	99	2	is	be	AUX
fbem-30775	99	3	an	an	DET
fbem-30775	99	4	important	important	ADJ
fbem-30775	99	5	indicator	indicator	NOUN
fbem-30775	99	6	reflecting	reflect	VERB
fbem-30775	99	7	the	the	DET
fbem-30775	99	8	financial	financial	ADJ
fbem-30775	99	9	condition	condition	NOUN
fbem-30775	99	10	and	and	CCONJ
fbem-30775	99	11	operational	operational	ADJ
fbem-30775	99	12	capability	capability	NOUN
fbem-30775	99	13	of	of	ADP
fbem-30775	99	14	the	the	DET
fbem-30775	99	15	enterprise	enterprise	NOUN
fbem-30775	99	16	,	,	PUNCT
fbem-30775	99	17	usually	usually	ADV
fbem-30775	99	18	measured	measure	VERB
fbem-30775	99	19	by	by	ADP
fbem-30775	99	20	indicators	indicator	NOUN
fbem-30775	99	21	such	such	ADJ
fbem-30775	99	22	as	as	ADP
fbem-30775	99	23	current	current	ADJ
fbem-30775	99	24	ratio	ratio	NOUN
fbem-30775	99	25	,	,	PUNCT
fbem-30775	99	26	quick	quick	ADJ
fbem-30775	99	27	ratio	ratio	NOUN
fbem-30775	99	28	,	,	PUNCT
fbem-30775	99	29	interest	interest	NOUN
fbem-30775	99	30	coverage	coverage	NOUN
fbem-30775	99	31	ratio	ratio	NOUN
fbem-30775	99	32	,	,	PUNCT
fbem-30775	99	33	and	and	CCONJ
fbem-30775	99	34	asset	asset	NOUN
fbem-30775	99	35	liability	liability	NOUN
fbem-30775	99	36	ratio	ratio	NOUN
fbem-30775	99	37	.	.	PUNCT
fbem-30775	100	1	this	this	DET
fbem-30775	100	2	article	article	NOUN
fbem-30775	100	3	mainly	mainly	ADV
fbem-30775	100	4	selects	select	VERB
fbem-30775	100	5	current	current	ADJ
fbem-30775	100	6	ratio	ratio	NOUN
fbem-30775	100	7	and	and	CCONJ
fbem-30775	100	8	asset	asset	NOUN
fbem-30775	100	9	liability	liability	NOUN
fbem-30775	100	10	ratio	ratio	NOUN
fbem-30775	100	11	indicators	indicator	NOUN
fbem-30775	100	12	to	to	PART
fbem-30775	100	13	measure	measure	VERB
fbem-30775	100	14	the	the	DET
fbem-30775	100	15	impact	impact	NOUN
fbem-30775	100	16	of	of	ADP
fbem-30775	100	17	pinduoduo	pinduoduo	NOUN
fbem-30775	100	18	's	's	PART
fbem-30775	100	19	esg	esg	NOUN
fbem-30775	100	20	information	information	NOUN
fbem-30775	100	21	disclosure	disclosure	NOUN
fbem-30775	100	22	and	and	CCONJ
fbem-30775	100	23	performance	performance	NOUN
fbem-30775	100	24	on	on	ADP
fbem-30775	100	25	the	the	DET
fbem-30775	100	26	company	company	NOUN
fbem-30775	100	27	's	's	PART
fbem-30775	100	28	debt	debt	NOUN
fbem-30775	100	29	paying	pay	VERB
fbem-30775	100	30	ability	ability	NOUN
fbem-30775	100	31	.	.	PUNCT
fbem-30775	101	1	table	table	NOUN
fbem-30775	101	2	4	4	NUM
fbem-30775	101	3	.	.	PUNCT
fbem-30775	102	1	pinduoduo	pinduoduo	NOUN
fbem-30775	102	2	's	's	PART
fbem-30775	102	3	debt	debt	NOUN
fbem-30775	102	4	repayment	repayment	NOUN
fbem-30775	102	5	ability	ability	NOUN
fbem-30775	102	6	indicators	indicator	NOUN
fbem-30775	102	7	from	from	ADP
fbem-30775	102	8	2019	2019	NUM
fbem-30775	102	9	to	to	ADP
fbem-30775	102	10	2023	2023	NUM
fbem-30775	102	11	year	year	NOUN
fbem-30775	102	12	current	current	ADJ
fbem-30775	102	13	ratio	ratio	NOUN
fbem-30775	102	14	asset	asset	NOUN
fbem-30775	102	15	liability	liability	NOUN
fbem-30775	102	16	ratio	ratio	NOUN
fbem-30775	102	17	(	(	PUNCT
fbem-30775	102	18	%	%	INTJ
fbem-30775	102	19	)	)	PUNCT
fbem-30775	102	20	2019	2019	NUM
fbem-30775	102	21	1.60	1.60	NUM
fbem-30775	102	22	67.59	67.59	NUM
fbem-30775	102	23	2020	2020	NUM
fbem-30775	102	24	1.78	1.78	NUM
fbem-30775	102	25	62.13	62.13	NUM
fbem-30775	102	26	2021	2021	NUM
fbem-30775	102	27	1.72	1.72	NUM
fbem-30775	102	28	58.55	58.55	NUM
fbem-30775	102	29	2022	2022	NUM
fbem-30775	102	30	1.85	1.85	NUM
fbem-30775	102	31	50.33	50.33	NUM
fbem-30775	102	32	2023	2023	NUM
fbem-30775	102	33	1.93	1.93	NUM
fbem-30775	102	34	46.21	46.21	NUM
fbem-30775	102	35	according	accord	VERB
fbem-30775	102	36	to	to	ADP
fbem-30775	102	37	the	the	DET
fbem-30775	102	38	data	datum	NOUN
fbem-30775	102	39	analysis	analysis	NOUN
fbem-30775	102	40	in	in	ADP
fbem-30775	102	41	table	table	NOUN
fbem-30775	102	42	4	4	NUM
fbem-30775	102	43	,	,	PUNCT
fbem-30775	102	44	it	it	PRON
fbem-30775	102	45	can	can	AUX
fbem-30775	102	46	be	be	AUX
fbem-30775	102	47	seen	see	VERB
fbem-30775	102	48	that	that	SCONJ
fbem-30775	102	49	pinduoduo	pinduoduo	NOUN
fbem-30775	102	50	company	company	NOUN
fbem-30775	102	51	's	's	PART
fbem-30775	102	52	various	various	ADJ
fbem-30775	102	53	debt	debt	NOUN
fbem-30775	102	54	repayment	repayment	NOUN
fbem-30775	102	55	ability	ability	NOUN
fbem-30775	102	56	indicators	indicator	NOUN
fbem-30775	102	57	have	have	AUX
fbem-30775	102	58	shown	show	VERB
fbem-30775	102	59	a	a	DET
fbem-30775	102	60	positive	positive	ADJ
fbem-30775	102	61	trend	trend	NOUN
fbem-30775	102	62	from	from	ADP
fbem-30775	102	63	2019	2019	NUM
fbem-30775	102	64	to	to	ADP
fbem-30775	102	65	2023	2023	NUM
fbem-30775	102	66	,	,	PUNCT
fbem-30775	102	67	with	with	ADP
fbem-30775	102	68	the	the	DET
fbem-30775	102	69	quick	quick	ADJ
fbem-30775	102	70	ratio	ratio	NOUN
fbem-30775	102	71	showing	show	VERB
fbem-30775	102	72	an	an	DET
fbem-30775	102	73	increasing	increase	VERB
fbem-30775	102	74	trend	trend	NOUN
fbem-30775	102	75	,	,	PUNCT
fbem-30775	102	76	reflecting	reflect	VERB
fbem-30775	102	77	the	the	DET
fbem-30775	102	78	company	company	NOUN
fbem-30775	102	79	's	's	PART
fbem-30775	102	80	short	short	ADJ
fbem-30775	102	81	-	-	PUNCT
fbem-30775	102	82	term	term	NOUN
fbem-30775	102	83	debt	debt	NOUN
fbem-30775	102	84	repayment	repayment	NOUN
fbem-30775	102	85	ability	ability	NOUN
fbem-30775	102	86	gradually	gradually	ADV
fbem-30775	102	87	strengthening	strengthen	VERB
fbem-30775	102	88	.	.	PUNCT
fbem-30775	103	1	the	the	DET
fbem-30775	103	2	asset	asset	NOUN
fbem-30775	103	3	liability	liability	NOUN
fbem-30775	103	4	ratio	ratio	NOUN
fbem-30775	103	5	has	have	AUX
fbem-30775	103	6	been	be	AUX
fbem-30775	103	7	decreasing	decrease	VERB
fbem-30775	103	8	year	year	NOUN
fbem-30775	103	9	by	by	ADP
fbem-30775	103	10	year	year	NOUN
fbem-30775	103	11	,	,	PUNCT
fbem-30775	103	12	and	and	CCONJ
fbem-30775	103	13	the	the	DET
fbem-30775	103	14	company	company	NOUN
fbem-30775	103	15	's	's	PART
fbem-30775	103	16	debt	debt	NOUN
fbem-30775	103	17	repayment	repayment	NOUN
fbem-30775	103	18	risk	risk	NOUN
fbem-30775	103	19	has	have	AUX
fbem-30775	103	20	also	also	ADV
fbem-30775	103	21	gradually	gradually	ADV
fbem-30775	103	22	decreased	decrease	VERB
fbem-30775	103	23	,	,	PUNCT
fbem-30775	103	24	collectively	collectively	ADV
fbem-30775	103	25	reflecting	reflect	VERB
fbem-30775	103	26	the	the	DET
fbem-30775	103	27	improvement	improvement	NOUN
fbem-30775	103	28	of	of	ADP
fbem-30775	103	29	the	the	DET
fbem-30775	103	30	company	company	NOUN
fbem-30775	103	31	's	's	PART
fbem-30775	103	32	debt	debt	NOUN
fbem-30775	103	33	repayment	repayment	NOUN
fbem-30775	103	34	ability	ability	NOUN
fbem-30775	103	35	.	.	PUNCT
fbem-30775	104	1	the	the	DET
fbem-30775	104	2	improvement	improvement	NOUN
fbem-30775	104	3	of	of	ADP
fbem-30775	104	4	a	a	DET
fbem-30775	104	5	company	company	NOUN
fbem-30775	104	6	's	's	PART
fbem-30775	104	7	debt	debt	NOUN
fbem-30775	104	8	paying	pay	VERB
fbem-30775	104	9	ability	ability	NOUN
fbem-30775	104	10	is	be	AUX
fbem-30775	104	11	closely	closely	ADV
fbem-30775	104	12	related	relate	VERB
fbem-30775	104	13	to	to	ADP
fbem-30775	104	14	its	its	PRON
fbem-30775	104	15	esg	esg	NOUN
fbem-30775	104	16	practices	practice	NOUN
fbem-30775	104	17	.	.	PUNCT
fbem-30775	105	1	firstly	firstly	ADV
fbem-30775	105	2	,	,	PUNCT
fbem-30775	105	3	from	from	ADP
fbem-30775	105	4	an	an	DET
fbem-30775	105	5	environmental	environmental	ADJ
fbem-30775	105	6	perspective	perspective	NOUN
fbem-30775	105	7	,	,	PUNCT
fbem-30775	105	8	pinduoduo	pinduoduo	NOUN
fbem-30775	105	9	's	's	PART
fbem-30775	105	10	investment	investment	NOUN
fbem-30775	105	11	in	in	ADP
fbem-30775	105	12	environmental	environmental	ADJ
fbem-30775	105	13	protection	protection	NOUN
fbem-30775	105	14	and	and	CCONJ
fbem-30775	105	15	the	the	DET
fbem-30775	105	16	establishment	establishment	NOUN
fbem-30775	105	17	of	of	ADP
fbem-30775	105	18	a	a	DET
fbem-30775	105	19	green	green	ADJ
fbem-30775	105	20	supply	supply	NOUN
fbem-30775	105	21	chain	chain	NOUN
fbem-30775	105	22	have	have	AUX
fbem-30775	105	23	brought	bring	VERB
fbem-30775	105	24	cost	cost	NOUN
fbem-30775	105	25	savings	saving	NOUN
fbem-30775	105	26	to	to	ADP
fbem-30775	105	27	the	the	DET
fbem-30775	105	28	company	company	NOUN
fbem-30775	105	29	,	,	PUNCT
fbem-30775	105	30	directly	directly	ADV
fbem-30775	105	31	releasing	release	VERB
fbem-30775	105	32	more	more	ADJ
fbem-30775	105	33	cash	cash	NOUN
fbem-30775	105	34	flow	flow	NOUN
fbem-30775	105	35	and	and	CCONJ
fbem-30775	105	36	providing	provide	VERB
fbem-30775	105	37	a	a	DET
fbem-30775	105	38	stable	stable	ADJ
fbem-30775	105	39	funding	funding	NOUN
fbem-30775	105	40	pool	pool	NOUN
fbem-30775	105	41	for	for	ADP
fbem-30775	105	42	debt	debt	NOUN
fbem-30775	105	43	repayment	repayment	NOUN
fbem-30775	105	44	.	.	PUNCT
fbem-30775	106	1	at	at	ADP
fbem-30775	106	2	the	the	DET
fbem-30775	106	3	same	same	ADJ
fbem-30775	106	4	time	time	NOUN
fbem-30775	106	5	,	,	PUNCT
fbem-30775	106	6	the	the	DET
fbem-30775	106	7	practice	practice	NOUN
fbem-30775	106	8	of	of	ADP
fbem-30775	106	9	green	green	ADJ
fbem-30775	106	10	projects	project	NOUN
fbem-30775	106	11	will	will	AUX
fbem-30775	106	12	also	also	ADV
fbem-30775	106	13	bring	bring	VERB
fbem-30775	106	14	certain	certain	ADJ
fbem-30775	106	15	government	government	NOUN
fbem-30775	106	16	subsidies	subsidy	NOUN
fbem-30775	106	17	to	to	ADP
fbem-30775	106	18	the	the	DET
fbem-30775	106	19	company	company	NOUN
fbem-30775	106	20	,	,	PUNCT
fbem-30775	106	21	which	which	PRON
fbem-30775	106	22	can	can	AUX
fbem-30775	106	23	further	far	ADV
fbem-30775	106	24	reduce	reduce	VERB
fbem-30775	106	25	the	the	DET
fbem-30775	106	26	pressure	pressure	NOUN
fbem-30775	106	27	of	of	ADP
fbem-30775	106	28	debt	debt	NOUN
fbem-30775	106	29	repayment	repayment	NOUN
fbem-30775	106	30	;	;	PUNCT
fbem-30775	106	31	secondly	secondly	ADV
fbem-30775	106	32	,	,	PUNCT
fbem-30775	106	33	from	from	ADP
fbem-30775	106	34	a	a	DET
fbem-30775	106	35	social	social	ADJ
fbem-30775	106	36	perspective	perspective	NOUN
fbem-30775	106	37	,	,	PUNCT
fbem-30775	106	38	pinduoduo	pinduoduo	NOUN
fbem-30775	106	39	focuses	focus	VERB
fbem-30775	106	40	on	on	ADP
fbem-30775	106	41	protecting	protect	VERB
fbem-30775	106	42	consumer	consumer	NOUN
fbem-30775	106	43	rights	right	NOUN
fbem-30775	106	44	and	and	CCONJ
fbem-30775	106	45	is	be	AUX
fbem-30775	106	46	committed	commit	VERB
fbem-30775	106	47	to	to	ADP
fbem-30775	106	48	improving	improve	VERB
fbem-30775	106	49	consumer	consumer	NOUN
fbem-30775	106	50	satisfaction	satisfaction	NOUN
fbem-30775	106	51	,	,	PUNCT
fbem-30775	106	52	which	which	PRON
fbem-30775	106	53	will	will	AUX
fbem-30775	106	54	directly	directly	ADV
fbem-30775	106	55	reduce	reduce	VERB
fbem-30775	106	56	the	the	DET
fbem-30775	106	57	consumer	consumer	NOUN
fbem-30775	106	58	complaint	complaint	NOUN
fbem-30775	106	59	rate	rate	NOUN
fbem-30775	106	60	and	and	CCONJ
fbem-30775	106	61	to	to	ADP
fbem-30775	106	62	some	some	DET
fbem-30775	106	63	extent	extent	NOUN
fbem-30775	106	64	avoid	avoid	VERB
fbem-30775	106	65	potential	potential	ADJ
fbem-30775	106	66	compensation	compensation	NOUN
fbem-30775	106	67	expenses	expense	NOUN
fbem-30775	106	68	.	.	PUNCT
fbem-30775	107	1	the	the	DET
fbem-30775	107	2	agricultural	agricultural	ADJ
fbem-30775	107	3	assistance	assistance	NOUN
fbem-30775	107	4	plan	plan	NOUN
fbem-30775	107	5	will	will	AUX
fbem-30775	107	6	expand	expand	VERB
fbem-30775	107	7	its	its	PRON
fbem-30775	107	8	social	social	ADJ
fbem-30775	107	9	influence	influence	NOUN
fbem-30775	107	10	,	,	PUNCT
fbem-30775	107	11	reduce	reduce	VERB
fbem-30775	107	12	its	its	PRON
fbem-30775	107	13	customer	customer	NOUN
fbem-30775	107	14	acquisition	acquisition	NOUN
fbem-30775	107	15	costs	cost	NOUN
fbem-30775	107	16	,	,	PUNCT
fbem-30775	107	17	and	and	CCONJ
fbem-30775	107	18	further	far	ADV
fbem-30775	107	19	reduce	reduce	VERB
fbem-30775	107	20	its	its	PRON
fbem-30775	107	21	marketing	marketing	NOUN
fbem-30775	107	22	debt	debt	NOUN
fbem-30775	107	23	dependence	dependence	NOUN
fbem-30775	107	24	;	;	PUNCT
fbem-30775	107	25	finally	finally	ADV
fbem-30775	107	26	,	,	PUNCT
fbem-30775	107	27	pinduoduo	pinduoduo	NOUN
fbem-30775	107	28	's	's	PART
fbem-30775	107	29	optimization	optimization	NOUN
fbem-30775	107	30	of	of	ADP
fbem-30775	107	31	corporate	corporate	ADJ
fbem-30775	107	32	governance	governance	NOUN
fbem-30775	107	33	structure	structure	NOUN
fbem-30775	107	34	and	and	CCONJ
fbem-30775	107	35	improvement	improvement	NOUN
fbem-30775	107	36	of	of	ADP
fbem-30775	107	37	governance	governance	NOUN
fbem-30775	107	38	capabilities	capability	NOUN
fbem-30775	107	39	will	will	AUX
fbem-30775	107	40	also	also	ADV
fbem-30775	107	41	enhance	enhance	VERB
fbem-30775	107	42	investors	investor	NOUN
fbem-30775	107	43	'	'	PART
fbem-30775	107	44	confidence	confidence	NOUN
fbem-30775	107	45	in	in	ADP
fbem-30775	107	46	investment	investment	NOUN
fbem-30775	107	47	,	,	PUNCT
fbem-30775	107	48	reduce	reduce	VERB
fbem-30775	107	49	financing	financing	NOUN
fbem-30775	107	50	costs	cost	NOUN
fbem-30775	107	51	,	,	PUNCT
fbem-30775	107	52	enhance	enhance	VERB
fbem-30775	107	53	financing	financing	NOUN
fbem-30775	107	54	capabilities	capability	NOUN
fbem-30775	107	55	,	,	PUNCT
fbem-30775	107	56	and	and	CCONJ
fbem-30775	107	57	ultimately	ultimately	ADV
fbem-30775	107	58	reduce	reduce	VERB
fbem-30775	107	59	corporate	corporate	ADJ
fbem-30775	107	60	debt	debt	NOUN
fbem-30775	107	61	financing	financing	NOUN
fbem-30775	107	62	.	.	PUNCT
fbem-30775	108	1	3.3	3.3	NUM
fbem-30775	108	2	.	.	PUNCT
fbem-30775	109	1	operational	operational	ADJ
fbem-30775	109	2	capability	capability	NOUN
fbem-30775	109	3	operational	operational	ADJ
fbem-30775	109	4	capability	capability	NOUN
fbem-30775	109	5	refers	refer	VERB
fbem-30775	109	6	to	to	ADP
fbem-30775	109	7	the	the	DET
fbem-30775	109	8	efficiency	efficiency	NOUN
fbem-30775	109	9	and	and	CCONJ
fbem-30775	109	10	effectiveness	effectiveness	NOUN
fbem-30775	109	11	of	of	ADP
fbem-30775	109	12	a	a	DET
fbem-30775	109	13	company	company	NOUN
fbem-30775	109	14	's	's	PART
fbem-30775	109	15	operating	operate	VERB
fbem-30775	109	16	assets	asset	NOUN
fbem-30775	109	17	.	.	PUNCT
fbem-30775	110	1	the	the	DET
fbem-30775	110	2	level	level	NOUN
fbem-30775	110	3	of	of	ADP
fbem-30775	110	4	an	an	DET
fbem-30775	110	5	enterprise	enterprise	NOUN
fbem-30775	110	6	's	's	PART
fbem-30775	110	7	operational	operational	ADJ
fbem-30775	110	8	capability	capability	NOUN
fbem-30775	110	9	represents	represent	VERB
fbem-30775	110	10	to	to	ADP
fbem-30775	110	11	some	some	DET
fbem-30775	110	12	extent	extent	NOUN
fbem-30775	110	13	the	the	DET
fbem-30775	110	14	level	level	NOUN
fbem-30775	110	15	of	of	ADP
fbem-30775	110	16	its	its	PRON
fbem-30775	110	17	economic	economic	ADJ
fbem-30775	110	18	benefits	benefit	NOUN
fbem-30775	110	19	.	.	PUNCT
fbem-30775	111	1	it	it	PRON
fbem-30775	111	2	is	be	AUX
fbem-30775	111	3	usually	usually	ADV
fbem-30775	111	4	measured	measure	VERB
fbem-30775	111	5	by	by	ADP
fbem-30775	111	6	indicators	indicator	NOUN
fbem-30775	111	7	such	such	ADJ
fbem-30775	111	8	as	as	ADP
fbem-30775	111	9	accounts	account	NOUN
fbem-30775	111	10	receivable	receivable	ADJ
fbem-30775	111	11	turnover	turnover	NOUN
fbem-30775	111	12	,	,	PUNCT
fbem-30775	111	13	total	total	ADJ
fbem-30775	111	14	asset	asset	NOUN
fbem-30775	111	15	turnover	turnover	NOUN
fbem-30775	111	16	,	,	PUNCT
fbem-30775	111	17	inventory	inventory	NOUN
fbem-30775	111	18	turnover	turnover	NOUN
fbem-30775	111	19	,	,	PUNCT
fbem-30775	111	20	accounts	account	VERB
fbem-30775	111	21	receivable	receivable	ADJ
fbem-30775	111	22	turnover	turnover	NOUN
fbem-30775	111	23	days	day	NOUN
fbem-30775	111	24	,	,	PUNCT
fbem-30775	111	25	total	total	ADJ
fbem-30775	111	26	asset	asset	NOUN
fbem-30775	111	27	turnover	turnover	NOUN
fbem-30775	111	28	days	day	NOUN
fbem-30775	111	29	,	,	PUNCT
fbem-30775	111	30	and	and	CCONJ
fbem-30775	111	31	inventory	inventory	NOUN
fbem-30775	111	32	turnover	turnover	NOUN
fbem-30775	111	33	days	day	NOUN
fbem-30775	111	34	.	.	PUNCT
fbem-30775	112	1	this	this	DET
fbem-30775	112	2	article	article	NOUN
fbem-30775	112	3	mainly	mainly	ADV
fbem-30775	112	4	selects	select	VERB
fbem-30775	112	5	four	four	NUM
fbem-30775	112	6	indicators	indicator	NOUN
fbem-30775	112	7	,	,	PUNCT
fbem-30775	112	8	accounts	account	VERB
fbem-30775	112	9	receivable	receivable	ADJ
fbem-30775	112	10	turnover	turnover	NOUN
fbem-30775	112	11	,	,	PUNCT
fbem-30775	112	12	total	total	ADJ
fbem-30775	112	13	asset	asset	NOUN
fbem-30775	112	14	turnover	turnover	NOUN
fbem-30775	112	15	days	day	NOUN
fbem-30775	112	16	,	,	PUNCT
fbem-30775	112	17	and	and	CCONJ
fbem-30775	112	18	total	total	ADJ
fbem-30775	112	19	asset	asset	NOUN
fbem-30775	112	20	turnover	turnover	NOUN
fbem-30775	112	21	days	day	NOUN
fbem-30775	112	22	,	,	PUNCT
fbem-30775	112	23	to	to	PART
fbem-30775	112	24	measure	measure	VERB
fbem-30775	112	25	the	the	DET
fbem-30775	112	26	impact	impact	NOUN
fbem-30775	112	27	of	of	ADP
fbem-30775	112	28	pinduoduo	pinduoduo	NOUN
fbem-30775	112	29	's	's	PART
fbem-30775	112	30	esg	esg	NOUN
fbem-30775	112	31	information	information	NOUN
fbem-30775	112	32	disclosure	disclosure	NOUN
fbem-30775	112	33	and	and	CCONJ
fbem-30775	112	34	performance	performance	NOUN
fbem-30775	112	35	on	on	ADP
fbem-30775	112	36	its	its	PRON
fbem-30775	112	37	operational	operational	ADJ
fbem-30775	112	38	capability	capability	NOUN
fbem-30775	112	39	.	.	PUNCT
fbem-30775	113	1	156	156	NUM
fbem-30775	113	2	table	table	NOUN
fbem-30775	113	3	5	5	NUM
fbem-30775	113	4	.	.	PUNCT
fbem-30775	113	5	relevant	relevant	ADJ
fbem-30775	113	6	indicators	indicator	NOUN
fbem-30775	113	7	of	of	ADP
fbem-30775	113	8	pinduoduo	pinduoduo	NOUN
fbem-30775	113	9	's	's	PART
fbem-30775	113	10	operational	operational	ADJ
fbem-30775	113	11	capacity	capacity	NOUN
fbem-30775	113	12	from	from	ADP
fbem-30775	113	13	2019	2019	NUM
fbem-30775	113	14	to	to	ADP
fbem-30775	113	15	2023	2023	NUM
fbem-30775	113	16	year	year	NOUN
fbem-30775	113	17	accounts	account	NOUN
fbem-30775	113	18	receivable	receivable	ADJ
fbem-30775	113	19	turnover	turnover	NOUN
fbem-30775	113	20	rate	rate	NOUN
fbem-30775	113	21	(	(	PUNCT
fbem-30775	113	22	times	time	NOUN
fbem-30775	113	23	)	)	PUNCT
fbem-30775	113	24	total	total	ADJ
fbem-30775	113	25	asset	asset	NOUN
fbem-30775	113	26	turnover	turnover	NOUN
fbem-30775	113	27	rate	rate	NOUN
fbem-30775	113	28	(	(	PUNCT
fbem-30775	113	29	%	%	INTJ
fbem-30775	113	30	)	)	PUNCT
fbem-30775	113	31	receivables	receivables	NOUN
fbem-30775	113	32	total	total	ADJ
fbem-30775	113	33	asset	asset	NOUN
fbem-30775	113	34	turnover	turnover	NOUN
fbem-30775	113	35	days	day	NOUN
fbem-30775	113	36	2019	2019	NUM
fbem-30775	113	37	46.42	46.42	NUM
fbem-30775	113	38	51.00	51.00	NUM
fbem-30775	113	39	7.75	7.75	NUM
fbem-30775	113	40	712.07	712.07	NUM
fbem-30775	113	41	2020	2020	NUM
fbem-30775	113	42	66.83	66.83	NUM
fbem-30775	113	43	51.00	51.00	NUM
fbem-30775	113	44	5.39	5.39	NUM
fbem-30775	113	45	710.92	710.92	NUM
fbem-30775	113	46	2021	2021	NUM
fbem-30775	113	47	133.9	133.9	NUM
fbem-30775	113	48	55.00	55.00	NUM
fbem-30775	113	49	2.69	2.69	NUM
fbem-30775	113	50	651.64	651.64	NUM
fbem-30775	113	51	2022	2022	NUM
fbem-30775	113	52	207	207	NUM
fbem-30775	113	53	62.00	62.00	NUM
fbem-30775	113	54	1.74	1.74	NUM
fbem-30775	113	55	576.75	576.75	NUM
fbem-30775	113	56	2023	2023	NUM
fbem-30775	113	57	110.02	110.02	NUM
fbem-30775	113	58	85.00	85.00	NUM
fbem-30775	113	59	3.27	3.27	NUM
fbem-30775	113	60	425.36	425.36	NUM
fbem-30775	113	61	according	accord	VERB
fbem-30775	113	62	to	to	ADP
fbem-30775	113	63	the	the	DET
fbem-30775	113	64	data	datum	NOUN
fbem-30775	113	65	analysis	analysis	NOUN
fbem-30775	113	66	in	in	ADP
fbem-30775	113	67	table	table	NOUN
fbem-30775	113	68	5	5	NUM
fbem-30775	113	69	,	,	PUNCT
fbem-30775	113	70	from	from	ADP
fbem-30775	113	71	2019	2019	NUM
fbem-30775	113	72	to	to	ADP
fbem-30775	113	73	2023	2023	NUM
fbem-30775	113	74	,	,	PUNCT
fbem-30775	113	75	pinduoduo	pinduoduo	NOUN
fbem-30775	113	76	's	's	PART
fbem-30775	113	77	various	various	ADJ
fbem-30775	113	78	operational	operational	ADJ
fbem-30775	113	79	indicators	indicator	NOUN
fbem-30775	113	80	have	have	AUX
fbem-30775	113	81	shown	show	VERB
fbem-30775	113	82	an	an	DET
fbem-30775	113	83	upward	upward	ADJ
fbem-30775	113	84	trend	trend	NOUN
fbem-30775	113	85	.	.	PUNCT
fbem-30775	114	1	the	the	DET
fbem-30775	114	2	accounts	account	NOUN
fbem-30775	114	3	receivable	receivable	ADJ
fbem-30775	114	4	turnover	turnover	NOUN
fbem-30775	114	5	rate	rate	NOUN
fbem-30775	114	6	and	and	CCONJ
fbem-30775	114	7	asset	asset	NOUN
fbem-30775	114	8	turnover	turnover	NOUN
fbem-30775	114	9	rate	rate	NOUN
fbem-30775	114	10	are	be	AUX
fbem-30775	114	11	getting	get	VERB
fbem-30775	114	12	higher	high	ADJ
fbem-30775	114	13	and	and	CCONJ
fbem-30775	114	14	higher	high	ADJ
fbem-30775	114	15	,	,	PUNCT
fbem-30775	114	16	while	while	SCONJ
fbem-30775	114	17	the	the	DET
fbem-30775	114	18	accounts	account	NOUN
fbem-30775	114	19	receivable	receivable	ADJ
fbem-30775	114	20	turnover	turnover	NOUN
fbem-30775	114	21	days	day	NOUN
fbem-30775	114	22	and	and	CCONJ
fbem-30775	114	23	total	total	ADJ
fbem-30775	114	24	asset	asset	NOUN
fbem-30775	114	25	turnover	turnover	NOUN
fbem-30775	114	26	days	day	NOUN
fbem-30775	114	27	are	be	AUX
fbem-30775	114	28	gradually	gradually	ADV
fbem-30775	114	29	decreasing	decrease	VERB
fbem-30775	114	30	.	.	PUNCT
fbem-30775	115	1	the	the	DET
fbem-30775	115	2	increase	increase	NOUN
fbem-30775	115	3	in	in	ADP
fbem-30775	115	4	accounts	account	NOUN
fbem-30775	115	5	receivable	receivable	ADJ
fbem-30775	115	6	turnover	turnover	NOUN
fbem-30775	115	7	rate	rate	NOUN
fbem-30775	115	8	and	and	CCONJ
fbem-30775	115	9	the	the	DET
fbem-30775	115	10	decrease	decrease	NOUN
fbem-30775	115	11	in	in	ADP
fbem-30775	115	12	accounts	account	NOUN
fbem-30775	115	13	receivable	receivable	ADJ
fbem-30775	115	14	turnover	turnover	NOUN
fbem-30775	115	15	days	day	NOUN
fbem-30775	115	16	indicate	indicate	VERB
fbem-30775	115	17	that	that	SCONJ
fbem-30775	115	18	pinduoduo	pinduoduo	NOUN
fbem-30775	115	19	's	's	PART
fbem-30775	115	20	accounts	account	NOUN
fbem-30775	115	21	receivable	receivable	ADJ
fbem-30775	115	22	collection	collection	NOUN
fbem-30775	115	23	speed	speed	NOUN
fbem-30775	115	24	is	be	AUX
fbem-30775	115	25	fast	fast	ADJ
fbem-30775	115	26	and	and	CCONJ
fbem-30775	115	27	the	the	DET
fbem-30775	115	28	efficiency	efficiency	NOUN
fbem-30775	115	29	of	of	ADP
fbem-30775	115	30	its	its	PRON
fbem-30775	115	31	management	management	NOUN
fbem-30775	115	32	work	work	NOUN
fbem-30775	115	33	is	be	AUX
fbem-30775	115	34	improved	improve	VERB
fbem-30775	115	35	.	.	PUNCT
fbem-30775	116	1	this	this	PRON
fbem-30775	116	2	will	will	AUX
fbem-30775	116	3	be	be	AUX
fbem-30775	116	4	beneficial	beneficial	ADJ
fbem-30775	116	5	for	for	ADP
fbem-30775	116	6	the	the	DET
fbem-30775	116	7	company	company	NOUN
fbem-30775	116	8	to	to	ADP
fbem-30775	116	9	timely	timely	ADJ
fbem-30775	116	10	recover	recover	NOUN
fbem-30775	116	11	loans	loan	NOUN
fbem-30775	116	12	,	,	PUNCT
fbem-30775	116	13	reduce	reduce	VERB
fbem-30775	116	14	bad	bad	ADJ
fbem-30775	116	15	debt	debt	NOUN
fbem-30775	116	16	losses	loss	NOUN
fbem-30775	116	17	,	,	PUNCT
fbem-30775	116	18	and	and	CCONJ
fbem-30775	116	19	improve	improve	VERB
fbem-30775	116	20	the	the	DET
fbem-30775	116	21	liquidity	liquidity	NOUN
fbem-30775	116	22	of	of	ADP
fbem-30775	116	23	its	its	PRON
fbem-30775	116	24	assets	asset	NOUN
fbem-30775	116	25	.	.	PUNCT
fbem-30775	117	1	the	the	DET
fbem-30775	117	2	increase	increase	NOUN
fbem-30775	117	3	in	in	ADP
fbem-30775	117	4	total	total	ADJ
fbem-30775	117	5	asset	asset	NOUN
fbem-30775	117	6	turnover	turnover	NOUN
fbem-30775	117	7	rate	rate	NOUN
fbem-30775	117	8	reflects	reflect	VERB
fbem-30775	117	9	the	the	DET
fbem-30775	117	10	continuous	continuous	ADJ
fbem-30775	117	11	improvement	improvement	NOUN
fbem-30775	117	12	of	of	ADP
fbem-30775	117	13	the	the	DET
fbem-30775	117	14	company	company	NOUN
fbem-30775	117	15	's	's	PART
fbem-30775	117	16	efficiency	efficiency	NOUN
fbem-30775	117	17	in	in	ADP
fbem-30775	117	18	utilizing	utilize	VERB
fbem-30775	117	19	all	all	DET
fbem-30775	117	20	assets	asset	NOUN
fbem-30775	117	21	for	for	ADP
fbem-30775	117	22	operation	operation	NOUN
fbem-30775	117	23	,	,	PUNCT
fbem-30775	117	24	and	and	CCONJ
fbem-30775	117	25	the	the	DET
fbem-30775	117	26	company	company	NOUN
fbem-30775	117	27	's	's	PART
fbem-30775	117	28	profitability	profitability	NOUN
fbem-30775	117	29	is	be	AUX
fbem-30775	117	30	also	also	ADV
fbem-30775	117	31	gradually	gradually	ADV
fbem-30775	117	32	increasing	increase	VERB
fbem-30775	117	33	.	.	PUNCT
fbem-30775	118	1	these	these	DET
fbem-30775	118	2	indicators	indicator	NOUN
fbem-30775	118	3	collectively	collectively	ADV
fbem-30775	118	4	reflect	reflect	VERB
fbem-30775	118	5	pinduoduo	pinduoduo	NOUN
fbem-30775	118	6	's	's	PART
fbem-30775	118	7	operational	operational	ADJ
fbem-30775	118	8	ability	ability	NOUN
fbem-30775	118	9	in	in	ADP
fbem-30775	118	10	recent	recent	ADJ
fbem-30775	118	11	years	year	NOUN
fbem-30775	118	12	.	.	PUNCT
fbem-30775	119	1	improvement	improvement	NOUN
fbem-30775	119	2	,	,	PUNCT
fbem-30775	119	3	stable	stable	ADJ
fbem-30775	119	4	and	and	CCONJ
fbem-30775	119	5	positive	positive	ADJ
fbem-30775	119	6	development	development	NOUN
fbem-30775	119	7	of	of	ADP
fbem-30775	119	8	the	the	DET
fbem-30775	119	9	enterprise	enterprise	NOUN
fbem-30775	119	10	.	.	PUNCT
fbem-30775	120	1	since	since	SCONJ
fbem-30775	120	2	pinduoduo	pinduoduo	NOUN
fbem-30775	120	3	implemented	implement	VERB
fbem-30775	120	4	esg	esg	NOUN
fbem-30775	120	5	practices	practice	NOUN
fbem-30775	120	6	,	,	PUNCT
fbem-30775	120	7	its	its	PRON
fbem-30775	120	8	green	green	ADJ
fbem-30775	120	9	logistics	logistic	NOUN
fbem-30775	120	10	and	and	CCONJ
fbem-30775	120	11	supply	supply	NOUN
fbem-30775	120	12	chain	chain	NOUN
fbem-30775	120	13	have	have	AUX
fbem-30775	120	14	directly	directly	ADV
fbem-30775	120	15	improved	improve	VERB
fbem-30775	120	16	transportation	transportation	NOUN
fbem-30775	120	17	efficiency	efficiency	NOUN
fbem-30775	120	18	and	and	CCONJ
fbem-30775	120	19	reduced	reduced	ADJ
fbem-30775	120	20	operating	operating	NOUN
fbem-30775	120	21	costs	cost	NOUN
fbem-30775	120	22	,	,	PUNCT
fbem-30775	120	23	not	not	PART
fbem-30775	120	24	only	only	ADV
fbem-30775	120	25	reducing	reduce	VERB
fbem-30775	120	26	resource	resource	NOUN
fbem-30775	120	27	waste	waste	NOUN
fbem-30775	120	28	,	,	PUNCT
fbem-30775	120	29	but	but	CCONJ
fbem-30775	120	30	also	also	ADV
fbem-30775	120	31	greatly	greatly	ADV
fbem-30775	120	32	improving	improve	VERB
fbem-30775	120	33	resource	resource	NOUN
fbem-30775	120	34	utilization	utilization	NOUN
fbem-30775	120	35	.	.	PUNCT
fbem-30775	121	1	its	its	PRON
fbem-30775	121	2	c2	c2	PROPN
fbem-30775	121	3	m	m	PROPN
fbem-30775	121	4	model	model	NOUN
fbem-30775	121	5	has	have	AUX
fbem-30775	121	6	also	also	ADV
fbem-30775	121	7	shortened	shorten	VERB
fbem-30775	121	8	the	the	DET
fbem-30775	121	9	supply	supply	NOUN
fbem-30775	121	10	chain	chain	NOUN
fbem-30775	121	11	hierarchy	hierarchy	NOUN
fbem-30775	121	12	,	,	PUNCT
fbem-30775	121	13	allowing	allow	VERB
fbem-30775	121	14	farmers	farmer	NOUN
fbem-30775	121	15	to	to	PART
fbem-30775	121	16	directly	directly	ADV
fbem-30775	121	17	communicate	communicate	VERB
fbem-30775	121	18	with	with	ADP
fbem-30775	121	19	consumers	consumer	NOUN
fbem-30775	121	20	.	.	PUNCT
fbem-30775	122	1	the	the	DET
fbem-30775	122	2	optimization	optimization	NOUN
fbem-30775	122	3	of	of	ADP
fbem-30775	122	4	corporate	corporate	ADJ
fbem-30775	122	5	governance	governance	NOUN
fbem-30775	122	6	has	have	AUX
fbem-30775	122	7	also	also	ADV
fbem-30775	122	8	greatly	greatly	ADV
fbem-30775	122	9	reduced	reduce	VERB
fbem-30775	122	10	the	the	DET
fbem-30775	122	11	company	company	NOUN
fbem-30775	122	12	's	's	PART
fbem-30775	122	13	operational	operational	ADJ
fbem-30775	122	14	risks	risk	NOUN
fbem-30775	122	15	.	.	PUNCT
fbem-30775	123	1	these	these	DET
fbem-30775	123	2	measures	measure	NOUN
fbem-30775	123	3	have	have	AUX
fbem-30775	123	4	optimized	optimize	VERB
fbem-30775	123	5	the	the	DET
fbem-30775	123	6	company	company	NOUN
fbem-30775	123	7	's	's	PART
fbem-30775	123	8	operational	operational	ADJ
fbem-30775	123	9	efficiency	efficiency	NOUN
fbem-30775	123	10	in	in	ADP
fbem-30775	123	11	different	different	ADJ
fbem-30775	123	12	aspects	aspect	NOUN
fbem-30775	123	13	,	,	PUNCT
fbem-30775	123	14	reduced	reduce	VERB
fbem-30775	123	15	company	company	NOUN
fbem-30775	123	16	risks	risk	NOUN
fbem-30775	123	17	,	,	PUNCT
fbem-30775	123	18	and	and	CCONJ
fbem-30775	123	19	significantly	significantly	ADV
fbem-30775	123	20	enhanced	enhance	VERB
fbem-30775	123	21	the	the	DET
fbem-30775	123	22	company	company	NOUN
fbem-30775	123	23	's	's	PART
fbem-30775	123	24	operational	operational	ADJ
fbem-30775	123	25	capabilities	capability	NOUN
fbem-30775	123	26	.	.	PUNCT
fbem-30775	124	1	3.4	3.4	NUM
fbem-30775	124	2	.	.	PUNCT
fbem-30775	124	3	development	development	NOUN
fbem-30775	124	4	capability	capability	NOUN
fbem-30775	124	5	development	development	NOUN
fbem-30775	124	6	capability	capability	NOUN
fbem-30775	124	7	refers	refer	VERB
fbem-30775	124	8	to	to	ADP
fbem-30775	124	9	the	the	DET
fbem-30775	124	10	potential	potential	ADJ
fbem-30775	124	11	ability	ability	NOUN
fbem-30775	124	12	of	of	ADP
fbem-30775	124	13	a	a	DET
fbem-30775	124	14	company	company	NOUN
fbem-30775	124	15	to	to	PART
fbem-30775	124	16	expand	expand	VERB
fbem-30775	124	17	its	its	PRON
fbem-30775	124	18	scale	scale	NOUN
fbem-30775	124	19	and	and	CCONJ
fbem-30775	124	20	strengthen	strengthen	VERB
fbem-30775	124	21	its	its	PRON
fbem-30775	124	22	strength	strength	NOUN
fbem-30775	124	23	.	.	PUNCT
fbem-30775	125	1	the	the	DET
fbem-30775	125	2	level	level	NOUN
fbem-30775	125	3	of	of	ADP
fbem-30775	125	4	a	a	DET
fbem-30775	125	5	company	company	NOUN
fbem-30775	125	6	's	's	PART
fbem-30775	125	7	development	development	NOUN
fbem-30775	125	8	capability	capability	NOUN
fbem-30775	125	9	directly	directly	ADV
fbem-30775	125	10	affects	affect	VERB
fbem-30775	125	11	the	the	DET
fbem-30775	125	12	views	view	NOUN
fbem-30775	125	13	of	of	ADP
fbem-30775	125	14	investors	investor	NOUN
fbem-30775	125	15	and	and	CCONJ
fbem-30775	125	16	other	other	ADJ
fbem-30775	125	17	stakeholders	stakeholder	NOUN
fbem-30775	125	18	on	on	ADP
fbem-30775	125	19	its	its	PRON
fbem-30775	125	20	future	future	ADJ
fbem-30775	125	21	development	development	NOUN
fbem-30775	125	22	.	.	PUNCT
fbem-30775	126	1	the	the	DET
fbem-30775	126	2	indicators	indicator	NOUN
fbem-30775	126	3	that	that	PRON
fbem-30775	126	4	measure	measure	VERB
fbem-30775	126	5	a	a	DET
fbem-30775	126	6	company	company	NOUN
fbem-30775	126	7	's	's	PART
fbem-30775	126	8	development	development	NOUN
fbem-30775	126	9	capability	capability	NOUN
fbem-30775	126	10	mainly	mainly	ADV
fbem-30775	126	11	include	include	VERB
fbem-30775	126	12	revenue	revenue	NOUN
fbem-30775	126	13	growth	growth	NOUN
fbem-30775	126	14	rate	rate	NOUN
fbem-30775	126	15	,	,	PUNCT
fbem-30775	126	16	profit	profit	NOUN
fbem-30775	126	17	growth	growth	NOUN
fbem-30775	126	18	rate	rate	NOUN
fbem-30775	126	19	,	,	PUNCT
fbem-30775	126	20	capital	capital	NOUN
fbem-30775	126	21	accumulation	accumulation	NOUN
fbem-30775	126	22	rate	rate	NOUN
fbem-30775	126	23	,	,	PUNCT
fbem-30775	126	24	etc	etc	X
fbem-30775	126	25	.	.	X
fbem-30775	127	1	this	this	DET
fbem-30775	127	2	article	article	NOUN
fbem-30775	127	3	mainly	mainly	ADV
fbem-30775	127	4	selects	select	VERB
fbem-30775	127	5	revenue	revenue	NOUN
fbem-30775	127	6	and	and	CCONJ
fbem-30775	127	7	revenue	revenue	NOUN
fbem-30775	127	8	growth	growth	NOUN
fbem-30775	127	9	rate	rate	NOUN
fbem-30775	127	10	to	to	PART
fbem-30775	127	11	analyze	analyze	VERB
fbem-30775	127	12	the	the	DET
fbem-30775	127	13	impact	impact	NOUN
fbem-30775	127	14	of	of	ADP
fbem-30775	127	15	pinduoduo	pinduoduo	NOUN
fbem-30775	127	16	's	's	PART
fbem-30775	127	17	esg	esg	NOUN
fbem-30775	127	18	information	information	NOUN
fbem-30775	127	19	disclosure	disclosure	NOUN
fbem-30775	127	20	and	and	CCONJ
fbem-30775	127	21	performance	performance	NOUN
fbem-30775	127	22	on	on	ADP
fbem-30775	127	23	the	the	DET
fbem-30775	127	24	company	company	NOUN
fbem-30775	127	25	's	's	PART
fbem-30775	127	26	development	development	NOUN
fbem-30775	127	27	capability	capability	NOUN
fbem-30775	127	28	.	.	PUNCT
fbem-30775	128	1	table	table	NOUN
fbem-30775	128	2	6	6	NUM
fbem-30775	128	3	.	.	PUNCT
fbem-30775	129	1	development	development	NOUN
fbem-30775	129	2	capability	capability	NOUN
fbem-30775	129	3	related	relate	VERB
fbem-30775	129	4	indicators	indicator	NOUN
fbem-30775	129	5	of	of	ADP
fbem-30775	129	6	pinduoduo	pinduoduo	NOUN
fbem-30775	129	7	from	from	ADP
fbem-30775	129	8	2019	2019	NUM
fbem-30775	129	9	to	to	PART
fbem-30775	129	10	202	202	NUM
fbem-30775	129	11	year	year	NOUN
fbem-30775	129	12	operating	operating	NOUN
fbem-30775	129	13	revenue	revenue	NOUN
fbem-30775	129	14	(	(	PUNCT
fbem-30775	129	15	in	in	ADP
fbem-30775	129	16	billions	billion	NOUN
fbem-30775	129	17	of	of	ADP
fbem-30775	129	18	yuan	yuan	NOUN
fbem-30775	129	19	)	)	PUNCT
fbem-30775	129	20	revenue	revenue	NOUN
fbem-30775	129	21	growth	growth	NOUN
fbem-30775	129	22	rate	rate	NOUN
fbem-30775	129	23	2019	2019	NUM
fbem-30775	129	24	301.4	301.4	NUM
fbem-30775	129	25	129.74	129.74	NUM
fbem-30775	129	26	%	%	NOUN
fbem-30775	129	27	2020	2020	NUM
fbem-30775	129	28	594.9	594.9	NUM
fbem-30775	129	29	97.37	97.37	NUM
fbem-30775	129	30	%	%	NOUN
fbem-30775	129	31	2021	2021	NUM
fbem-30775	129	32	939.5	939.5	NUM
fbem-30775	129	33	57.92	57.92	NUM
fbem-30775	129	34	%	%	NOUN
fbem-30775	129	35	2022	2022	NUM
fbem-30775	129	36	1306	1306	NUM
fbem-30775	129	37	38.97	38.97	NUM
fbem-30775	129	38	%	%	NOUN
fbem-30775	129	39	2023	2023	NUM
fbem-30775	129	40	2476	2476	NUM
fbem-30775	129	41	89.68	89.68	NUM
fbem-30775	129	42	%	%	NOUN
fbem-30775	129	43	from	from	ADP
fbem-30775	129	44	the	the	DET
fbem-30775	129	45	data	datum	NOUN
fbem-30775	129	46	analysis	analysis	NOUN
fbem-30775	129	47	in	in	ADP
fbem-30775	129	48	table	table	NOUN
fbem-30775	129	49	6	6	NUM
fbem-30775	129	50	,	,	PUNCT
fbem-30775	129	51	it	it	PRON
fbem-30775	129	52	can	can	AUX
fbem-30775	129	53	be	be	AUX
fbem-30775	129	54	seen	see	VERB
fbem-30775	129	55	that	that	SCONJ
fbem-30775	129	56	in	in	ADP
fbem-30775	129	57	the	the	DET
fbem-30775	129	58	past	past	ADJ
fbem-30775	129	59	five	five	NUM
fbem-30775	129	60	years	year	NOUN
fbem-30775	129	61	,	,	PUNCT
fbem-30775	129	62	pinduoduo	pinduoduo	NOUN
fbem-30775	129	63	's	's	PART
fbem-30775	129	64	operating	operating	NOUN
fbem-30775	129	65	revenue	revenue	NOUN
fbem-30775	129	66	has	have	AUX
fbem-30775	129	67	shown	show	VERB
fbem-30775	129	68	a	a	DET
fbem-30775	129	69	linear	linear	ADJ
fbem-30775	129	70	growth	growth	NOUN
fbem-30775	129	71	trend	trend	NOUN
fbem-30775	129	72	.	.	PUNCT
fbem-30775	130	1	although	although	SCONJ
fbem-30775	130	2	the	the	DET
fbem-30775	130	3	revenue	revenue	NOUN
fbem-30775	130	4	growth	growth	NOUN
fbem-30775	130	5	rate	rate	NOUN
fbem-30775	130	6	has	have	AUX
fbem-30775	130	7	declined	decline	VERB
fbem-30775	130	8	,	,	PUNCT
fbem-30775	130	9	it	it	PRON
fbem-30775	130	10	has	have	AUX
fbem-30775	130	11	achieved	achieve	VERB
fbem-30775	130	12	significant	significant	ADJ
fbem-30775	130	13	growth	growth	NOUN
fbem-30775	130	14	from	from	ADP
fbem-30775	130	15	2022	2022	NUM
fbem-30775	130	16	to	to	ADP
fbem-30775	130	17	2023	2023	NUM
fbem-30775	130	18	,	,	PUNCT
fbem-30775	130	19	with	with	ADP
fbem-30775	130	20	a	a	DET
fbem-30775	130	21	revenue	revenue	NOUN
fbem-30775	130	22	growth	growth	NOUN
fbem-30775	130	23	of	of	ADP
fbem-30775	130	24	over	over	ADP
fbem-30775	130	25	200	200	NUM
fbem-30775	130	26	billion	billion	NUM
fbem-30775	130	27	yuan	yuan	NOUN
fbem-30775	130	28	in	in	ADP
fbem-30775	130	29	the	the	DET
fbem-30775	130	30	past	past	ADJ
fbem-30775	130	31	five	five	NUM
fbem-30775	130	32	years	year	NOUN
fbem-30775	130	33	.	.	PUNCT
fbem-30775	131	1	pinduoduo	pinduoduo	NOUN
fbem-30775	131	2	has	have	AUX
fbem-30775	131	3	achieved	achieve	VERB
fbem-30775	131	4	a	a	DET
fbem-30775	131	5	transformation	transformation	NOUN
fbem-30775	131	6	from	from	ADP
fbem-30775	131	7	a	a	DET
fbem-30775	131	8	sinking	sink	VERB
fbem-30775	131	9	market	market	NOUN
fbem-30775	131	10	to	to	ADP
fbem-30775	131	11	a	a	DET
fbem-30775	131	12	global	global	ADJ
fbem-30775	131	13	e	e	ADJ
fbem-30775	131	14	-	-	NOUN
fbem-30775	131	15	commerce	commerce	NOUN
fbem-30775	131	16	giant	giant	NOUN
fbem-30775	131	17	through	through	ADP
fbem-30775	131	18	differentiated	differentiated	ADJ
fbem-30775	131	19	market	market	NOUN
fbem-30775	131	20	positioning	positioning	NOUN
fbem-30775	131	21	,	,	PUNCT
fbem-30775	131	22	technology	technology	NOUN
fbem-30775	131	23	driven	drive	VERB
fbem-30775	131	24	,	,	PUNCT
fbem-30775	131	25	and	and	CCONJ
fbem-30775	131	26	business	business	NOUN
fbem-30775	131	27	model	model	NOUN
fbem-30775	131	28	innovation	innovation	NOUN
fbem-30775	131	29	,	,	PUNCT
fbem-30775	131	30	demonstrating	demonstrate	VERB
fbem-30775	131	31	strong	strong	ADJ
fbem-30775	131	32	strategic	strategic	ADJ
fbem-30775	131	33	resilience	resilience	NOUN
fbem-30775	131	34	and	and	CCONJ
fbem-30775	131	35	growth	growth	NOUN
fbem-30775	131	36	momentum	momentum	NOUN
fbem-30775	131	37	,	,	PUNCT
fbem-30775	131	38	and	and	CCONJ
fbem-30775	131	39	its	its	PRON
fbem-30775	131	40	development	development	NOUN
fbem-30775	131	41	capabilities	capability	NOUN
fbem-30775	131	42	are	be	AUX
fbem-30775	131	43	also	also	ADV
fbem-30775	131	44	increasing	increase	VERB
fbem-30775	131	45	day	day	NOUN
fbem-30775	131	46	by	by	ADP
fbem-30775	131	47	day	day	NOUN
fbem-30775	131	48	.	.	PUNCT
fbem-30775	132	1	the	the	DET
fbem-30775	132	2	core	core	NOUN
fbem-30775	132	3	of	of	ADP
fbem-30775	132	4	esg	esg	PROPN
fbem-30775	132	5	is	be	AUX
fbem-30775	132	6	to	to	PART
fbem-30775	132	7	achieve	achieve	VERB
fbem-30775	132	8	sustainable	sustainable	ADJ
fbem-30775	132	9	development	development	NOUN
fbem-30775	132	10	of	of	ADP
fbem-30775	132	11	a	a	DET
fbem-30775	132	12	company	company	NOUN
fbem-30775	132	13	by	by	ADP
fbem-30775	132	14	improving	improve	VERB
fbem-30775	132	15	its	its	PRON
fbem-30775	132	16	performance	performance	NOUN
fbem-30775	132	17	in	in	ADP
fbem-30775	132	18	environmental	environmental	ADJ
fbem-30775	132	19	,	,	PUNCT
fbem-30775	132	20	social	social	ADJ
fbem-30775	132	21	responsibility	responsibility	NOUN
fbem-30775	132	22	,	,	PUNCT
fbem-30775	132	23	and	and	CCONJ
fbem-30775	132	24	corporate	corporate	ADJ
fbem-30775	132	25	governance	governance	NOUN
fbem-30775	132	26	.	.	PUNCT
fbem-30775	133	1	this	this	DET
fbem-30775	133	2	concept	concept	NOUN
fbem-30775	133	3	is	be	AUX
fbem-30775	133	4	also	also	ADV
fbem-30775	133	5	deeply	deeply	ADV
fbem-30775	133	6	reflected	reflect	VERB
fbem-30775	133	7	in	in	ADP
fbem-30775	133	8	the	the	DET
fbem-30775	133	9	specific	specific	ADJ
fbem-30775	133	10	practices	practice	NOUN
fbem-30775	133	11	of	of	ADP
fbem-30775	133	12	pinduoduo	pinduoduo	NOUN
fbem-30775	133	13	,	,	PUNCT
fbem-30775	133	14	such	such	ADJ
fbem-30775	133	15	as	as	ADP
fbem-30775	133	16	pinduoduo	pinduoduo	NOUN
fbem-30775	133	17	's	's	PART
fbem-30775	133	18	"	"	PUNCT
fbem-30775	133	19	100	100	NUM
fbem-30775	133	20	billion	billion	NUM
fbem-30775	133	21	support	support	NOUN
fbem-30775	133	22	"	"	PUNCT
fbem-30775	133	23	plan	plan	NOUN
fbem-30775	133	24	and	and	CCONJ
fbem-30775	133	25	rural	rural	ADJ
fbem-30775	133	26	revitalization	revitalization	NOUN
fbem-30775	133	27	policies	policy	NOUN
fbem-30775	133	28	,	,	PUNCT
fbem-30775	133	29	which	which	PRON
fbem-30775	133	30	directly	directly	ADV
fbem-30775	133	31	establish	establish	VERB
fbem-30775	133	32	a	a	DET
fbem-30775	133	33	good	good	ADJ
fbem-30775	133	34	corporate	corporate	ADJ
fbem-30775	133	35	image	image	NOUN
fbem-30775	133	36	for	for	ADP
fbem-30775	133	37	pinduoduo	pinduoduo	NOUN
fbem-30775	133	38	,	,	PUNCT
fbem-30775	133	39	enhance	enhance	VERB
fbem-30775	133	40	the	the	DET
fbem-30775	133	41	trust	trust	NOUN
fbem-30775	133	42	building	building	NOUN
fbem-30775	133	43	between	between	ADP
fbem-30775	133	44	pinduoduo	pinduoduo	NOUN
fbem-30775	133	45	and	and	CCONJ
fbem-30775	133	46	consumers	consumer	NOUN
fbem-30775	133	47	,	,	PUNCT
fbem-30775	133	48	expand	expand	VERB
fbem-30775	133	49	pinduoduo	pinduoduo	NOUN
fbem-30775	133	50	's	's	PART
fbem-30775	133	51	user	user	NOUN
fbem-30775	133	52	base	base	NOUN
fbem-30775	133	53	,	,	PUNCT
fbem-30775	133	54	and	and	CCONJ
fbem-30775	133	55	make	make	VERB
fbem-30775	133	56	more	more	ADJ
fbem-30775	133	57	consumers	consumer	NOUN
fbem-30775	133	58	willing	willing	ADJ
fbem-30775	133	59	to	to	PART
fbem-30775	133	60	pay	pay	VERB
fbem-30775	133	61	for	for	ADP
fbem-30775	133	62	it	it	PRON
fbem-30775	133	63	,	,	PUNCT
fbem-30775	133	64	thereby	thereby	ADV
fbem-30775	133	65	increasing	increase	VERB
fbem-30775	133	66	its	its	PRON
fbem-30775	133	67	operating	operate	VERB
fbem-30775	133	68	income	income	NOUN
fbem-30775	133	69	.	.	PUNCT
fbem-30775	134	1	its	its	PRON
fbem-30775	134	2	investment	investment	NOUN
fbem-30775	134	3	in	in	ADP
fbem-30775	134	4	the	the	DET
fbem-30775	134	5	environment	environment	NOUN
fbem-30775	134	6	and	and	CCONJ
fbem-30775	134	7	corporate	corporate	ADJ
fbem-30775	134	8	governance	governance	NOUN
fbem-30775	134	9	also	also	ADV
fbem-30775	134	10	enhances	enhance	VERB
fbem-30775	134	11	the	the	DET
fbem-30775	134	12	confidence	confidence	NOUN
fbem-30775	134	13	of	of	ADP
fbem-30775	134	14	stakeholders	stakeholder	NOUN
fbem-30775	134	15	and	and	CCONJ
fbem-30775	134	16	the	the	DET
fbem-30775	134	17	willingness	willingness	NOUN
fbem-30775	134	18	of	of	ADP
fbem-30775	134	19	other	other	ADJ
fbem-30775	134	20	enterprises	enterprise	NOUN
fbem-30775	134	21	to	to	PART
fbem-30775	134	22	cooperate	cooperate	VERB
fbem-30775	134	23	,	,	PUNCT
fbem-30775	134	24	ensuring	ensure	VERB
fbem-30775	134	25	the	the	DET
fbem-30775	134	26	stable	stable	ADJ
fbem-30775	134	27	development	development	NOUN
fbem-30775	134	28	of	of	ADP
fbem-30775	134	29	the	the	DET
fbem-30775	134	30	company	company	NOUN
fbem-30775	134	31	.	.	PUNCT
fbem-30775	135	1	4	4	X
fbem-30775	135	2	.	.	X
fbem-30775	135	3	conclusion	conclusion	NOUN
fbem-30775	135	4	and	and	CCONJ
fbem-30775	135	5	suggestions	suggestion	NOUN
fbem-30775	135	6	4.1	4.1	NUM
fbem-30775	135	7	.	.	PUNCT
fbem-30775	136	1	conclusion	conclusion	NOUN
fbem-30775	136	2	this	this	DET
fbem-30775	136	3	article	article	NOUN
fbem-30775	136	4	selects	select	VERB
fbem-30775	136	5	the	the	DET
fbem-30775	136	6	e	e	NOUN
fbem-30775	136	7	-	-	NOUN
fbem-30775	136	8	commerce	commerce	NOUN
fbem-30775	136	9	industry	industry	NOUN
fbem-30775	136	10	giant	giant	NOUN
fbem-30775	136	11	pinduoduo	pinduoduo	NOUN
fbem-30775	136	12	as	as	SCONJ
fbem-30775	136	13	the	the	DET
fbem-30775	136	14	case	case	NOUN
fbem-30775	136	15	study	study	NOUN
fbem-30775	136	16	object	object	NOUN
fbem-30775	136	17	.	.	PUNCT
fbem-30775	137	1	through	through	ADP
fbem-30775	137	2	the	the	DET
fbem-30775	137	3	analysis	analysis	NOUN
fbem-30775	137	4	of	of	ADP
fbem-30775	137	5	pinduoduo	pinduoduo	NOUN
fbem-30775	137	6	's	's	PART
fbem-30775	137	7	esg	esg	NOUN
fbem-30775	137	8	performance	performance	NOUN
fbem-30775	137	9	and	and	CCONJ
fbem-30775	137	10	financial	financial	ADJ
fbem-30775	137	11	indicators	indicator	NOUN
fbem-30775	137	12	in	in	ADP
fbem-30775	137	13	the	the	DET
fbem-30775	137	14	past	past	ADJ
fbem-30775	137	15	five	five	NUM
fbem-30775	137	16	years	year	NOUN
fbem-30775	137	17	,	,	PUNCT
fbem-30775	137	18	it	it	PRON
fbem-30775	137	19	can	can	AUX
fbem-30775	137	20	be	be	AUX
fbem-30775	137	21	concluded	conclude	VERB
fbem-30775	137	22	that	that	SCONJ
fbem-30775	137	23	a	a	DET
fbem-30775	137	24	company	company	NOUN
fbem-30775	137	25	's	's	PART
fbem-30775	137	26	good	good	ADJ
fbem-30775	137	27	performance	performance	NOUN
fbem-30775	137	28	in	in	ADP
fbem-30775	137	29	esg	esg	PROPN
fbem-30775	137	30	can	can	AUX
fbem-30775	137	31	effectively	effectively	ADV
fbem-30775	137	32	promote	promote	VERB
fbem-30775	137	33	the	the	DET
fbem-30775	137	34	improvement	improvement	NOUN
fbem-30775	137	35	of	of	ADP
fbem-30775	137	36	its	its	PRON
fbem-30775	137	37	financial	financial	ADJ
fbem-30775	137	38	performance	performance	NOUN
fbem-30775	137	39	.	.	PUNCT
fbem-30775	138	1	the	the	PRON
fbem-30775	138	2	better	well	ADJ
fbem-30775	138	3	the	the	DET
fbem-30775	138	4	company	company	NOUN
fbem-30775	138	5	's	's	PART
fbem-30775	138	6	esg	esg	NOUN
fbem-30775	138	7	performance	performance	NOUN
fbem-30775	138	8	,	,	PUNCT
fbem-30775	138	9	the	the	PRON
fbem-30775	138	10	more	more	ADV
fbem-30775	138	11	complete	complete	ADJ
fbem-30775	138	12	its	its	PRON
fbem-30775	138	13	information	information	NOUN
fbem-30775	138	14	disclosure	disclosure	NOUN
fbem-30775	138	15	,	,	PUNCT
fbem-30775	138	16	and	and	CCONJ
fbem-30775	138	17	the	the	PRON
fbem-30775	138	18	higher	high	ADJ
fbem-30775	138	19	the	the	DET
fbem-30775	138	20	recognition	recognition	NOUN
fbem-30775	138	21	of	of	ADP
fbem-30775	138	22	investors	investor	NOUN
fbem-30775	138	23	and	and	CCONJ
fbem-30775	138	24	consumers	consumer	NOUN
fbem-30775	138	25	for	for	ADP
fbem-30775	138	26	the	the	DET
fbem-30775	138	27	company	company	NOUN
fbem-30775	138	28	.	.	PUNCT
fbem-30775	139	1	it	it	PRON
fbem-30775	139	2	can	can	AUX
fbem-30775	139	3	not	not	PART
fbem-30775	139	4	only	only	ADV
fbem-30775	139	5	better	well	ADV
fbem-30775	139	6	enhance	enhance	VERB
fbem-30775	139	7	market	market	NOUN
fbem-30775	139	8	competitiveness	competitiveness	NOUN
fbem-30775	139	9	,	,	PUNCT
fbem-30775	139	10	expand	expand	VERB
fbem-30775	139	11	market	market	NOUN
fbem-30775	139	12	share	share	NOUN
fbem-30775	139	13	,	,	PUNCT
fbem-30775	139	14	reduce	reduce	VERB
fbem-30775	139	15	financing	financing	NOUN
fbem-30775	139	16	costs	cost	NOUN
fbem-30775	139	17	,	,	PUNCT
fbem-30775	139	18	improve	improve	VERB
fbem-30775	139	19	financial	financial	ADJ
fbem-30775	139	20	performance	performance	NOUN
fbem-30775	139	21	,	,	PUNCT
fbem-30775	139	22	but	but	CCONJ
fbem-30775	139	23	also	also	ADV
fbem-30775	139	24	better	well	ADV
fbem-30775	139	25	respond	respond	VERB
fbem-30775	139	26	to	to	ADP
fbem-30775	139	27	market	market	NOUN
fbem-30775	139	28	risks	risk	NOUN
fbem-30775	139	29	and	and	CCONJ
fbem-30775	139	30	challenges	challenge	NOUN
fbem-30775	139	31	,	,	PUNCT
fbem-30775	139	32	enhance	enhance	VERB
fbem-30775	139	33	the	the	DET
fbem-30775	139	34	company	company	NOUN
fbem-30775	139	35	's	's	PART
fbem-30775	139	36	risk	risk	NOUN
fbem-30775	139	37	response	response	NOUN
fbem-30775	139	38	ability	ability	NOUN
fbem-30775	139	39	,	,	PUNCT
fbem-30775	139	40	and	and	CCONJ
fbem-30775	139	41	strengthen	strengthen	VERB
fbem-30775	139	42	its	its	PRON
fbem-30775	139	43	core	core	NOUN
fbem-30775	139	44	competitiveness	competitiveness	NOUN
fbem-30775	139	45	.	.	PUNCT
fbem-30775	140	1	4.2	4.2	NUM
fbem-30775	140	2	.	.	PUNCT
fbem-30775	140	3	suggestions	suggestion	NOUN
fbem-30775	140	4	based	base	VERB
fbem-30775	140	5	on	on	ADP
fbem-30775	140	6	the	the	DET
fbem-30775	140	7	importance	importance	NOUN
fbem-30775	140	8	of	of	ADP
fbem-30775	140	9	esg	esg	PROPN
fbem-30775	140	10	for	for	ADP
fbem-30775	140	11	corporate	corporate	ADJ
fbem-30775	140	12	development	development	NOUN
fbem-30775	140	13	and	and	CCONJ
fbem-30775	140	14	the	the	DET
fbem-30775	140	15	needs	need	NOUN
fbem-30775	140	16	of	of	ADP
fbem-30775	140	17	domestic	domestic	ADJ
fbem-30775	140	18	and	and	CCONJ
fbem-30775	140	19	international	international	ADJ
fbem-30775	140	20	economic	economic	ADJ
fbem-30775	140	21	development	development	NOUN
fbem-30775	140	22	,	,	PUNCT
fbem-30775	140	23	it	it	PRON
fbem-30775	140	24	is	be	AUX
fbem-30775	140	25	necessary	necessary	ADJ
fbem-30775	140	26	and	and	CCONJ
fbem-30775	140	27	responsible	responsible	ADJ
fbem-30775	140	28	for	for	SCONJ
fbem-30775	140	29	us	we	PRON
fbem-30775	140	30	to	to	PART
fbem-30775	140	31	promote	promote	VERB
fbem-30775	140	32	and	and	CCONJ
fbem-30775	140	33	improve	improve	VERB
fbem-30775	140	34	esg	esg	PROPN
fbem-30775	140	35	development	development	NOUN
fbem-30775	140	36	in	in	ADP
fbem-30775	140	37	china	china	PROPN
fbem-30775	140	38	in	in	ADP
fbem-30775	140	39	the	the	DET
fbem-30775	140	40	future	future	NOUN
fbem-30775	140	41	.	.	PUNCT
fbem-30775	141	1	based	base	VERB
fbem-30775	141	2	on	on	ADP
fbem-30775	141	3	the	the	DET
fbem-30775	141	4	current	current	ADJ
fbem-30775	141	5	esg	esg	PROPN
fbem-30775	141	6	situation	situation	NOUN
fbem-30775	141	7	in	in	ADP
fbem-30775	141	8	china	china	PROPN
fbem-30775	141	9	,	,	PUNCT
fbem-30775	141	10	in	in	ADP
fbem-30775	141	11	the	the	DET
fbem-30775	141	12	future	future	NOUN
fbem-30775	141	13	,	,	PUNCT
fbem-30775	141	14	china	china	PROPN
fbem-30775	141	15	's	's	PART
fbem-30775	141	16	esg	esg	PROPN
fbem-30775	141	17	development	development	NOUN
fbem-30775	141	18	should	should	AUX
fbem-30775	141	19	gradually	gradually	ADV
fbem-30775	141	20	establish	establish	VERB
fbem-30775	141	21	a	a	DET
fbem-30775	141	22	governance	governance	NOUN
fbem-30775	141	23	system	system	NOUN
fbem-30775	141	24	of	of	ADP
fbem-30775	141	25	"	"	PUNCT
fbem-30775	141	26	state	state	NOUN
fbem-30775	141	27	guidance	guidance	NOUN
fbem-30775	141	28	,	,	PUNCT
fbem-30775	141	29	social	social	ADJ
fbem-30775	141	30	participation	participation	NOUN
fbem-30775	141	31	,	,	PUNCT
fbem-30775	141	32	and	and	CCONJ
fbem-30775	141	33	enterprise	enterprise	NOUN
fbem-30775	141	34	leadership	leadership	NOUN
fbem-30775	141	35	"	"	PUNCT
fbem-30775	141	36	,	,	PUNCT
fbem-30775	141	37	achieve	achieve	VERB
fbem-30775	141	38	tripartite	tripartite	ADJ
fbem-30775	141	39	collaborative	collaborative	ADJ
fbem-30775	141	40	governance	governance	NOUN
fbem-30775	141	41	,	,	PUNCT
fbem-30775	141	42	balance	balance	NOUN
fbem-30775	141	43	environmental	environmental	ADJ
fbem-30775	141	44	friendliness	friendliness	NOUN
fbem-30775	141	45	,	,	PUNCT
fbem-30775	141	46	social	social	ADJ
fbem-30775	141	47	equity	equity	NOUN
fbem-30775	141	48	,	,	PUNCT
fbem-30775	141	49	and	and	CCONJ
fbem-30775	141	50	high	high	ADJ
fbem-30775	141	51	-	-	PUNCT
fbem-30775	141	52	quality	quality	NOUN
fbem-30775	141	53	economic	economic	ADJ
fbem-30775	141	54	development	development	NOUN
fbem-30775	141	55	,	,	PUNCT
fbem-30775	141	56	and	and	CCONJ
fbem-30775	141	57	contribute	contribute	VERB
fbem-30775	141	58	to	to	ADP
fbem-30775	141	59	the	the	DET
fbem-30775	141	60	global	global	ADJ
fbem-30775	141	61	sustainable	sustainable	ADJ
fbem-30775	141	62	development	development	NOUN
fbem-30775	141	63	agenda	agenda	NOUN
fbem-30775	141	64	.	.	PUNCT
fbem-30775	142	1	4.2.1	4.2.1	NOUN
fbem-30775	142	2	.	.	PUNCT
fbem-30775	142	3	national	national	ADJ
fbem-30775	142	4	level	level	NOUN
fbem-30775	142	5	china	china	PROPN
fbem-30775	142	6	should	should	AUX
fbem-30775	142	7	actively	actively	ADV
fbem-30775	142	8	improve	improve	VERB
fbem-30775	142	9	top	top	ADJ
fbem-30775	142	10	-	-	PUNCT
fbem-30775	142	11	level	level	NOUN
fbem-30775	142	12	design	design	NOUN
fbem-30775	142	13	and	and	CCONJ
fbem-30775	142	14	institutional	institutional	ADJ
fbem-30775	142	15	safeguards	safeguard	NOUN
fbem-30775	142	16	,	,	PUNCT
fbem-30775	142	17	establish	establish	VERB
fbem-30775	142	18	a	a	DET
fbem-30775	142	19	unified	unified	ADJ
fbem-30775	142	20	policy	policy	NOUN
fbem-30775	142	21	framework	framework	NOUN
fbem-30775	142	22	,	,	PUNCT
fbem-30775	142	23	and	and	CCONJ
fbem-30775	142	24	on	on	ADP
fbem-30775	142	25	the	the	DET
fbem-30775	142	26	one	one	NUM
fbem-30775	142	27	hand	hand	NOUN
fbem-30775	142	28	,	,	PUNCT
fbem-30775	142	29	improve	improve	VERB
fbem-30775	142	30	relevant	relevant	ADJ
fbem-30775	142	31	laws	law	NOUN
fbem-30775	142	32	and	and	CCONJ
fbem-30775	142	33	regulations	regulation	NOUN
fbem-30775	142	34	,	,	PUNCT
fbem-30775	142	35	promote	promote	VERB
fbem-30775	142	36	the	the	DET
fbem-30775	142	37	legislation	legislation	NOUN
fbem-30775	142	38	of	of	ADP
fbem-30775	142	39	china	china	PROPN
fbem-30775	142	40	's	's	PART
fbem-30775	142	41	esg	esg	PROPN
fbem-30775	142	42	information	information	PROPN
fbem-30775	142	43	disclosure	disclosure	NOUN
fbem-30775	142	44	law	law	NOUN
fbem-30775	142	45	,	,	PUNCT
fbem-30775	142	46	clarify	clarify	VERB
fbem-30775	142	47	the	the	DET
fbem-30775	142	48	scope	scope	NOUN
fbem-30775	142	49	of	of	ADP
fbem-30775	142	50	mandatory	mandatory	ADJ
fbem-30775	142	51	disclosure	disclosure	NOUN
fbem-30775	142	52	for	for	ADP
fbem-30775	142	53	enterprises	enterprise	NOUN
fbem-30775	142	54	,	,	PUNCT
fbem-30775	142	55	gradually	gradually	ADV
fbem-30775	142	56	cover	cover	VERB
fbem-30775	142	57	small	small	ADJ
fbem-30775	142	58	and	and	CCONJ
fbem-30775	142	59	medium	medium	ADJ
fbem-30775	142	60	-	-	PUNCT
fbem-30775	142	61	sized	sized	ADJ
fbem-30775	142	62	enterprises	enterprise	NOUN
fbem-30775	142	63	,	,	PUNCT
fbem-30775	142	64	and	and	CCONJ
fbem-30775	142	65	encourage	encourage	VERB
fbem-30775	142	66	more	more	ADJ
fbem-30775	142	67	enterprises	enterprise	NOUN
fbem-30775	142	68	to	to	PART
fbem-30775	142	69	actively	actively	ADV
fbem-30775	142	70	157	157	NUM
fbem-30775	142	71	participate	participate	NOUN
fbem-30775	142	72	in	in	ADP
fbem-30775	142	73	esg	esg	PROPN
fbem-30775	142	74	information	information	NOUN
fbem-30775	142	75	disclosure	disclosure	NOUN
fbem-30775	142	76	;	;	PUNCT
fbem-30775	142	77	on	on	ADP
fbem-30775	142	78	the	the	DET
fbem-30775	142	79	other	other	ADJ
fbem-30775	142	80	hand	hand	NOUN
fbem-30775	142	81	,	,	PUNCT
fbem-30775	142	82	it	it	PRON
fbem-30775	142	83	is	be	AUX
fbem-30775	142	84	necessary	necessary	ADJ
fbem-30775	142	85	to	to	PART
fbem-30775	142	86	combine	combine	VERB
fbem-30775	142	87	china	china	PROPN
fbem-30775	142	88	's	's	PART
fbem-30775	142	89	national	national	ADJ
fbem-30775	142	90	conditions	condition	NOUN
fbem-30775	142	91	and	and	CCONJ
fbem-30775	142	92	development	development	NOUN
fbem-30775	142	93	needs	need	NOUN
fbem-30775	142	94	,	,	PUNCT
fbem-30775	142	95	and	and	CCONJ
fbem-30775	142	96	after	after	ADP
fbem-30775	142	97	referring	refer	VERB
fbem-30775	142	98	to	to	ADP
fbem-30775	142	99	the	the	DET
fbem-30775	142	100	international	international	PROPN
fbem-30775	142	101	esg	esg	PROPN
fbem-30775	142	102	evaluation	evaluation	NOUN
fbem-30775	142	103	standard	standard	ADJ
fbem-30775	142	104	system	system	NOUN
fbem-30775	142	105	and	and	CCONJ
fbem-30775	142	106	studying	study	VERB
fbem-30775	142	107	the	the	DET
fbem-30775	142	108	differences	difference	NOUN
fbem-30775	142	109	in	in	ADP
fbem-30775	142	110	esg	esg	PROPN
fbem-30775	142	111	among	among	ADP
fbem-30775	142	112	enterprises	enterprise	NOUN
fbem-30775	142	113	of	of	ADP
fbem-30775	142	114	different	different	ADJ
fbem-30775	142	115	industries	industry	NOUN
fbem-30775	142	116	and	and	CCONJ
fbem-30775	142	117	natures	nature	NOUN
fbem-30775	142	118	,	,	PUNCT
fbem-30775	142	119	construct	construct	VERB
fbem-30775	142	120	esg	esg	NOUN
fbem-30775	142	121	evaluation	evaluation	NOUN
fbem-30775	142	122	indicators	indicator	NOUN
fbem-30775	142	123	and	and	CCONJ
fbem-30775	142	124	evaluation	evaluation	NOUN
fbem-30775	142	125	systems	system	NOUN
fbem-30775	142	126	with	with	ADP
fbem-30775	142	127	chinese	chinese	ADJ
fbem-30775	142	128	characteristics	characteristic	NOUN
fbem-30775	142	129	,	,	PUNCT
fbem-30775	142	130	and	and	CCONJ
fbem-30775	142	131	conduct	conduct	VERB
fbem-30775	142	132	a	a	DET
fbem-30775	142	133	more	more	ADV
fbem-30775	142	134	reasonable	reasonable	ADJ
fbem-30775	142	135	evaluation	evaluation	NOUN
fbem-30775	142	136	of	of	ADP
fbem-30775	142	137	the	the	DET
fbem-30775	142	138	esg	esg	NOUN
fbem-30775	142	139	performance	performance	NOUN
fbem-30775	142	140	of	of	ADP
fbem-30775	142	141	chinese	chinese	ADJ
fbem-30775	142	142	enterprises	enterprise	NOUN
fbem-30775	142	143	.	.	PUNCT
fbem-30775	143	1	in	in	ADP
fbem-30775	143	2	addition	addition	NOUN
fbem-30775	143	3	,	,	PUNCT
fbem-30775	143	4	corresponding	correspond	VERB
fbem-30775	143	5	incentive	incentive	NOUN
fbem-30775	143	6	and	and	CCONJ
fbem-30775	143	7	constraint	constraint	NOUN
fbem-30775	143	8	mechanisms	mechanism	NOUN
fbem-30775	143	9	should	should	AUX
fbem-30775	143	10	be	be	AUX
fbem-30775	143	11	established	establish	VERB
fbem-30775	143	12	to	to	PART
fbem-30775	143	13	provide	provide	VERB
fbem-30775	143	14	preferential	preferential	ADJ
fbem-30775	143	15	policies	policy	NOUN
fbem-30775	143	16	such	such	ADJ
fbem-30775	143	17	as	as	ADP
fbem-30775	143	18	tax	tax	NOUN
fbem-30775	143	19	reduction	reduction	NOUN
fbem-30775	143	20	and	and	CCONJ
fbem-30775	143	21	green	green	ADJ
fbem-30775	143	22	credit	credit	NOUN
fbem-30775	143	23	for	for	ADP
fbem-30775	143	24	companies	company	NOUN
fbem-30775	143	25	with	with	ADP
fbem-30775	143	26	excellent	excellent	ADJ
fbem-30775	143	27	esg	esg	NOUN
fbem-30775	143	28	performance	performance	NOUN
fbem-30775	143	29	,	,	PUNCT
fbem-30775	143	30	encourage	encourage	VERB
fbem-30775	143	31	companies	company	NOUN
fbem-30775	143	32	to	to	PART
fbem-30775	143	33	actively	actively	ADV
fbem-30775	143	34	practice	practice	VERB
fbem-30775	143	35	esg	esg	PROPN
fbem-30775	143	36	concepts	concept	NOUN
fbem-30775	143	37	,	,	PUNCT
fbem-30775	143	38	promote	promote	VERB
fbem-30775	143	39	sustainable	sustainable	ADJ
fbem-30775	143	40	development	development	NOUN
fbem-30775	143	41	in	in	ADP
fbem-30775	143	42	china	china	PROPN
fbem-30775	143	43	,	,	PUNCT
fbem-30775	143	44	and	and	CCONJ
fbem-30775	143	45	strengthen	strengthen	VERB
fbem-30775	143	46	esg	esg	PROPN
fbem-30775	143	47	supervision	supervision	NOUN
fbem-30775	143	48	.	.	PUNCT
fbem-30775	144	1	high	high	ADJ
fbem-30775	144	2	penalties	penalty	NOUN
fbem-30775	144	3	should	should	AUX
fbem-30775	144	4	be	be	AUX
fbem-30775	144	5	imposed	impose	VERB
fbem-30775	144	6	on	on	ADP
fbem-30775	144	7	fraudulent	fraudulent	ADJ
fbem-30775	144	8	behaviors	behavior	NOUN
fbem-30775	144	9	such	such	ADJ
fbem-30775	144	10	as	as	ADP
fbem-30775	144	11	"	"	PUNCT
fbem-30775	144	12	greenwashing	greenwashing	NOUN
fbem-30775	144	13	"	"	PUNCT
fbem-30775	144	14	to	to	PART
fbem-30775	144	15	form	form	VERB
fbem-30775	144	16	a	a	DET
fbem-30775	144	17	good	good	ADJ
fbem-30775	144	18	social	social	ADJ
fbem-30775	144	19	atmosphere	atmosphere	NOUN
fbem-30775	144	20	.	.	PUNCT
fbem-30775	145	1	4.2.2	4.2.2	X
fbem-30775	145	2	.	.	PUNCT
fbem-30775	145	3	social	social	ADJ
fbem-30775	145	4	level	level	NOUN
fbem-30775	145	5	promoting	promote	VERB
fbem-30775	145	6	the	the	DET
fbem-30775	145	7	development	development	NOUN
fbem-30775	145	8	of	of	ADP
fbem-30775	145	9	esg	esg	PROPN
fbem-30775	145	10	in	in	ADP
fbem-30775	145	11	china	china	PROPN
fbem-30775	145	12	requires	require	VERB
fbem-30775	145	13	the	the	DET
fbem-30775	145	14	joint	joint	ADJ
fbem-30775	145	15	efforts	effort	NOUN
fbem-30775	145	16	of	of	ADP
fbem-30775	145	17	consumers	consumer	NOUN
fbem-30775	145	18	,	,	PUNCT
fbem-30775	145	19	investors	investor	NOUN
fbem-30775	145	20	,	,	PUNCT
fbem-30775	145	21	and	and	CCONJ
fbem-30775	145	22	third	third	ADJ
fbem-30775	145	23	-	-	PUNCT
fbem-30775	145	24	party	party	NOUN
fbem-30775	145	25	institutions	institution	NOUN
fbem-30775	145	26	.	.	PUNCT
fbem-30775	146	1	firstly	firstly	ADV
fbem-30775	146	2	,	,	PUNCT
fbem-30775	146	3	from	from	ADP
fbem-30775	146	4	the	the	DET
fbem-30775	146	5	perspective	perspective	NOUN
fbem-30775	146	6	of	of	ADP
fbem-30775	146	7	consumers	consumer	NOUN
fbem-30775	146	8	,	,	PUNCT
fbem-30775	146	9	enterprises	enterprise	NOUN
fbem-30775	146	10	are	be	AUX
fbem-30775	146	11	profit	profit	NOUN
fbem-30775	146	12	oriented	orient	VERB
fbem-30775	146	13	social	social	ADJ
fbem-30775	146	14	organizations	organization	NOUN
fbem-30775	146	15	,	,	PUNCT
fbem-30775	146	16	and	and	CCONJ
fbem-30775	146	17	consumer	consumer	NOUN
fbem-30775	146	18	needs	need	NOUN
fbem-30775	146	19	are	be	AUX
fbem-30775	146	20	their	their	PRON
fbem-30775	146	21	strategic	strategic	ADJ
fbem-30775	146	22	orientation	orientation	NOUN
fbem-30775	146	23	.	.	PUNCT
fbem-30775	147	1	therefore	therefore	ADV
fbem-30775	147	2	,	,	PUNCT
fbem-30775	147	3	it	it	PRON
fbem-30775	147	4	is	be	AUX
fbem-30775	147	5	necessary	necessary	ADJ
fbem-30775	147	6	to	to	PART
fbem-30775	147	7	actively	actively	ADV
fbem-30775	147	8	enhance	enhance	VERB
fbem-30775	147	9	consumers	consumer	NOUN
fbem-30775	147	10	'	'	PART
fbem-30775	147	11	awareness	awareness	NOUN
fbem-30775	147	12	of	of	ADP
fbem-30775	147	13	esg	esg	PROPN
fbem-30775	147	14	concepts	concept	NOUN
fbem-30775	147	15	,	,	PUNCT
fbem-30775	147	16	make	make	VERB
fbem-30775	147	17	them	they	PRON
fbem-30775	147	18	pay	pay	VERB
fbem-30775	147	19	attention	attention	NOUN
fbem-30775	147	20	to	to	ADP
fbem-30775	147	21	esg	esg	PROPN
fbem-30775	147	22	concepts	concept	NOUN
fbem-30775	147	23	,	,	PUNCT
fbem-30775	147	24	prioritize	prioritize	VERB
fbem-30775	147	25	environmentally	environmentally	ADV
fbem-30775	147	26	friendly	friendly	ADJ
fbem-30775	147	27	,	,	PUNCT
fbem-30775	147	28	energy	energy	NOUN
fbem-30775	147	29	-	-	PUNCT
fbem-30775	147	30	saving	saving	NOUN
fbem-30775	147	31	,	,	PUNCT
fbem-30775	147	32	and	and	CCONJ
fbem-30775	147	33	low	low	ADJ
fbem-30775	147	34	-	-	PUNCT
fbem-30775	147	35	carbon	carbon	NOUN
fbem-30775	147	36	products	product	NOUN
fbem-30775	147	37	when	when	SCONJ
fbem-30775	147	38	choosing	choose	VERB
fbem-30775	147	39	products	product	NOUN
fbem-30775	147	40	,	,	PUNCT
fbem-30775	147	41	actively	actively	ADV
fbem-30775	147	42	support	support	VERB
fbem-30775	147	43	enterprises	enterprise	NOUN
fbem-30775	147	44	with	with	ADP
fbem-30775	147	45	excellent	excellent	ADJ
fbem-30775	147	46	esg	esg	NOUN
fbem-30775	147	47	performance	performance	NOUN
fbem-30775	147	48	,	,	PUNCT
fbem-30775	147	49	promote	promote	VERB
fbem-30775	147	50	enterprises	enterprise	NOUN
fbem-30775	147	51	to	to	PART
fbem-30775	147	52	better	well	ADV
fbem-30775	147	53	respond	respond	VERB
fbem-30775	147	54	to	to	ADP
fbem-30775	147	55	national	national	ADJ
fbem-30775	147	56	calls	call	NOUN
fbem-30775	147	57	,	,	PUNCT
fbem-30775	147	58	and	and	CCONJ
fbem-30775	147	59	increase	increase	VERB
fbem-30775	147	60	research	research	NOUN
fbem-30775	147	61	and	and	CCONJ
fbem-30775	147	62	development	development	NOUN
fbem-30775	147	63	of	of	ADP
fbem-30775	147	64	green	green	ADJ
fbem-30775	147	65	products	product	NOUN
fbem-30775	147	66	and	and	CCONJ
fbem-30775	147	67	technologies	technology	NOUN
fbem-30775	147	68	;	;	PUNCT
fbem-30775	147	69	secondly	secondly	ADV
fbem-30775	147	70	,	,	PUNCT
fbem-30775	147	71	investors	investor	NOUN
fbem-30775	147	72	should	should	AUX
fbem-30775	147	73	actively	actively	ADV
fbem-30775	147	74	encourage	encourage	VERB
fbem-30775	147	75	companies	company	NOUN
fbem-30775	147	76	to	to	PART
fbem-30775	147	77	disclose	disclose	VERB
fbem-30775	147	78	corresponding	corresponding	ADJ
fbem-30775	147	79	esg	esg	PROPN
fbem-30775	147	80	information	information	NOUN
fbem-30775	147	81	.	.	PUNCT
fbem-30775	148	1	when	when	SCONJ
fbem-30775	148	2	investing	invest	VERB
fbem-30775	148	3	in	in	ADP
fbem-30775	148	4	companies	company	NOUN
fbem-30775	148	5	,	,	PUNCT
fbem-30775	148	6	in	in	ADP
fbem-30775	148	7	addition	addition	NOUN
fbem-30775	148	8	to	to	ADP
fbem-30775	148	9	paying	pay	VERB
fbem-30775	148	10	attention	attention	NOUN
fbem-30775	148	11	to	to	ADP
fbem-30775	148	12	traditional	traditional	ADJ
fbem-30775	148	13	financial	financial	ADJ
fbem-30775	148	14	indicators	indicator	NOUN
fbem-30775	148	15	,	,	PUNCT
fbem-30775	148	16	they	they	PRON
fbem-30775	148	17	should	should	AUX
fbem-30775	148	18	also	also	ADV
fbem-30775	148	19	focus	focus	VERB
fbem-30775	148	20	on	on	ADP
fbem-30775	148	21	data	datum	NOUN
fbem-30775	148	22	related	relate	VERB
fbem-30775	148	23	to	to	ADP
fbem-30775	148	24	environmental	environmental	ADJ
fbem-30775	148	25	protection	protection	NOUN
fbem-30775	148	26	,	,	PUNCT
fbem-30775	148	27	social	social	ADJ
fbem-30775	148	28	responsibility	responsibility	NOUN
fbem-30775	148	29	,	,	PUNCT
fbem-30775	148	30	and	and	CCONJ
fbem-30775	148	31	corporate	corporate	ADJ
fbem-30775	148	32	governance	governance	NOUN
fbem-30775	148	33	,	,	PUNCT
fbem-30775	148	34	optimize	optimize	VERB
fbem-30775	148	35	investment	investment	NOUN
fbem-30775	148	36	strategies	strategy	NOUN
fbem-30775	148	37	,	,	PUNCT
fbem-30775	148	38	strengthen	strengthen	VERB
fbem-30775	148	39	risk	risk	NOUN
fbem-30775	148	40	management	management	NOUN
fbem-30775	148	41	and	and	CCONJ
fbem-30775	148	42	value	value	NOUN
fbem-30775	148	43	discovery	discovery	NOUN
fbem-30775	148	44	,	,	PUNCT
fbem-30775	148	45	and	and	CCONJ
fbem-30775	148	46	promote	promote	VERB
fbem-30775	148	47	the	the	DET
fbem-30775	148	48	co	co	NOUN
fbem-30775	148	49	construction	construction	NOUN
fbem-30775	148	50	of	of	ADP
fbem-30775	148	51	esg	esg	PROPN
fbem-30775	148	52	ecology	ecology	NOUN
fbem-30775	148	53	;	;	PUNCT
fbem-30775	148	54	finally	finally	ADV
fbem-30775	148	55	,	,	PUNCT
fbem-30775	148	56	from	from	ADP
fbem-30775	148	57	the	the	DET
fbem-30775	148	58	perspective	perspective	NOUN
fbem-30775	148	59	of	of	ADP
fbem-30775	148	60	third	third	ADJ
fbem-30775	148	61	-	-	PUNCT
fbem-30775	148	62	party	party	NOUN
fbem-30775	148	63	rating	rating	NOUN
fbem-30775	148	64	agencies	agency	NOUN
fbem-30775	148	65	in	in	ADP
fbem-30775	148	66	society	society	NOUN
fbem-30775	148	67	,	,	PUNCT
fbem-30775	148	68	they	they	PRON
fbem-30775	148	69	should	should	AUX
fbem-30775	148	70	strictly	strictly	ADV
fbem-30775	148	71	follow	follow	VERB
fbem-30775	148	72	esg	esg	NOUN
fbem-30775	148	73	evaluation	evaluation	NOUN
fbem-30775	148	74	indicators	indicator	NOUN
fbem-30775	148	75	and	and	CCONJ
fbem-30775	148	76	evaluation	evaluation	NOUN
fbem-30775	148	77	systems	system	NOUN
fbem-30775	148	78	to	to	PART
fbem-30775	148	79	issue	issue	VERB
fbem-30775	148	80	high	high	ADJ
fbem-30775	148	81	-	-	PUNCT
fbem-30775	148	82	quality	quality	NOUN
fbem-30775	148	83	reports	report	NOUN
fbem-30775	148	84	on	on	ADP
fbem-30775	148	85	the	the	DET
fbem-30775	148	86	esg	esg	PROPN
fbem-30775	148	87	development	development	NOUN
fbem-30775	148	88	of	of	ADP
fbem-30775	148	89	enterprises	enterprise	NOUN
fbem-30775	148	90	,	,	PUNCT
fbem-30775	148	91	objectively	objectively	ADV
fbem-30775	148	92	and	and	CCONJ
fbem-30775	148	93	fairly	fairly	ADV
fbem-30775	148	94	evaluate	evaluate	VERB
fbem-30775	148	95	the	the	DET
fbem-30775	148	96	esg	esg	PROPN
fbem-30775	148	97	development	development	NOUN
fbem-30775	148	98	status	status	NOUN
fbem-30775	148	99	of	of	ADP
fbem-30775	148	100	enterprises	enterprise	NOUN
fbem-30775	148	101	,	,	PUNCT
fbem-30775	148	102	so	so	SCONJ
fbem-30775	148	103	that	that	SCONJ
fbem-30775	148	104	enterprises	enterprise	NOUN
fbem-30775	148	105	can	can	AUX
fbem-30775	148	106	better	well	ADV
fbem-30775	148	107	disclose	disclose	VERB
fbem-30775	148	108	information	information	NOUN
fbem-30775	148	109	.	.	PUNCT
fbem-30775	149	1	4.2.3	4.2.3	X
fbem-30775	149	2	.	.	PUNCT
fbem-30775	150	1	enterprise	enterprise	NOUN
fbem-30775	150	2	level	level	NOUN
fbem-30775	150	3	practice	practice	NOUN
fbem-30775	150	4	has	have	AUX
fbem-30775	150	5	proven	prove	VERB
fbem-30775	150	6	that	that	SCONJ
fbem-30775	150	7	actively	actively	ADV
fbem-30775	150	8	deepening	deepen	VERB
fbem-30775	150	9	esg	esg	NOUN
fbem-30775	150	10	practices	practice	NOUN
fbem-30775	150	11	and	and	CCONJ
fbem-30775	150	12	disclosing	disclose	VERB
fbem-30775	150	13	esg	esg	NOUN
fbem-30775	150	14	information	information	NOUN
fbem-30775	150	15	can	can	AUX
fbem-30775	150	16	effectively	effectively	ADV
fbem-30775	150	17	improve	improve	VERB
fbem-30775	150	18	the	the	DET
fbem-30775	150	19	financial	financial	ADJ
fbem-30775	150	20	performance	performance	NOUN
fbem-30775	150	21	of	of	ADP
fbem-30775	150	22	enterprises	enterprise	NOUN
fbem-30775	150	23	.	.	PUNCT
fbem-30775	151	1	therefore	therefore	ADV
fbem-30775	151	2	,	,	PUNCT
fbem-30775	151	3	in	in	ADP
fbem-30775	151	4	order	order	NOUN
fbem-30775	151	5	to	to	PART
fbem-30775	151	6	achieve	achieve	VERB
fbem-30775	151	7	high	high	ADJ
fbem-30775	151	8	-	-	PUNCT
fbem-30775	151	9	quality	quality	NOUN
fbem-30775	151	10	development	development	NOUN
fbem-30775	151	11	of	of	ADP
fbem-30775	151	12	enterprises	enterprise	NOUN
fbem-30775	151	13	and	and	CCONJ
fbem-30775	151	14	promote	promote	VERB
fbem-30775	151	15	china	china	PROPN
fbem-30775	151	16	's	's	PART
fbem-30775	151	17	esg	esg	PROPN
fbem-30775	151	18	cause	cause	NOUN
fbem-30775	151	19	,	,	PUNCT
fbem-30775	151	20	enterprises	enterprise	NOUN
fbem-30775	151	21	should	should	AUX
fbem-30775	151	22	actively	actively	ADV
fbem-30775	151	23	fulfill	fulfill	VERB
fbem-30775	151	24	their	their	PRON
fbem-30775	151	25	responsibilities	responsibility	NOUN
fbem-30775	151	26	,	,	PUNCT
fbem-30775	151	27	incorporate	incorporate	VERB
fbem-30775	151	28	esg	esg	NOUN
fbem-30775	151	29	strategies	strategy	NOUN
fbem-30775	151	30	into	into	ADP
fbem-30775	151	31	their	their	PRON
fbem-30775	151	32	longterm	longterm	ADJ
fbem-30775	151	33	development	development	NOUN
fbem-30775	151	34	strategies	strategy	NOUN
fbem-30775	151	35	,	,	PUNCT
fbem-30775	151	36	set	set	VERB
fbem-30775	151	37	quantitative	quantitative	ADJ
fbem-30775	151	38	goals	goal	NOUN
fbem-30775	151	39	,	,	PUNCT
fbem-30775	151	40	regularly	regularly	ADV
fbem-30775	151	41	release	release	VERB
fbem-30775	151	42	esg	esg	NOUN
fbem-30775	151	43	reports	report	NOUN
fbem-30775	151	44	audited	audit	VERB
fbem-30775	151	45	by	by	ADP
fbem-30775	151	46	third	third	ADJ
fbem-30775	151	47	parties	party	NOUN
fbem-30775	151	48	,	,	PUNCT
fbem-30775	151	49	increase	increase	VERB
fbem-30775	151	50	esg	esg	PROPN
fbem-30775	151	51	related	relate	VERB
fbem-30775	151	52	information	information	NOUN
fbem-30775	151	53	disclosure	disclosure	NOUN
fbem-30775	151	54	efforts	effort	NOUN
fbem-30775	151	55	,	,	PUNCT
fbem-30775	151	56	and	and	CCONJ
fbem-30775	151	57	improve	improve	VERB
fbem-30775	151	58	the	the	DET
fbem-30775	151	59	authenticity	authenticity	NOUN
fbem-30775	151	60	and	and	CCONJ
fbem-30775	151	61	completeness	completeness	NOUN
fbem-30775	151	62	of	of	ADP
fbem-30775	151	63	esg	esg	PROPN
fbem-30775	151	64	information	information	NOUN
fbem-30775	151	65	disclosure	disclosure	NOUN
fbem-30775	151	66	.	.	PUNCT
fbem-30775	152	1	enterprises	enterprise	NOUN
fbem-30775	152	2	should	should	AUX
fbem-30775	152	3	not	not	PART
fbem-30775	152	4	only	only	ADV
fbem-30775	152	5	increase	increase	VERB
fbem-30775	152	6	innovation	innovation	NOUN
fbem-30775	152	7	and	and	CCONJ
fbem-30775	152	8	application	application	NOUN
fbem-30775	152	9	of	of	ADP
fbem-30775	152	10	green	green	ADJ
fbem-30775	152	11	technologies	technology	NOUN
fbem-30775	152	12	,	,	PUNCT
fbem-30775	152	13	actively	actively	ADV
fbem-30775	152	14	utilize	utilize	VERB
fbem-30775	152	15	technologies	technology	NOUN
fbem-30775	152	16	such	such	ADJ
fbem-30775	152	17	as	as	ADP
fbem-30775	152	18	ai	ai	PROPN
fbem-30775	152	19	and	and	CCONJ
fbem-30775	152	20	blockchain	blockchain	VERB
fbem-30775	152	21	to	to	PART
fbem-30775	152	22	optimize	optimize	VERB
fbem-30775	152	23	resource	resource	NOUN
fbem-30775	152	24	efficiency	efficiency	NOUN
fbem-30775	152	25	,	,	PUNCT
fbem-30775	152	26	invest	invest	VERB
fbem-30775	152	27	in	in	ADP
fbem-30775	152	28	clean	clean	ADJ
fbem-30775	152	29	energy	energy	NOUN
fbem-30775	152	30	and	and	CCONJ
fbem-30775	152	31	circular	circular	ADJ
fbem-30775	152	32	economy	economy	NOUN
fbem-30775	152	33	,	,	PUNCT
fbem-30775	152	34	and	and	CCONJ
fbem-30775	152	35	promote	promote	VERB
fbem-30775	152	36	the	the	DET
fbem-30775	152	37	development	development	NOUN
fbem-30775	152	38	of	of	ADP
fbem-30775	152	39	china	china	PROPN
fbem-30775	152	40	's	's	PART
fbem-30775	152	41	environmental	environmental	PROPN
fbem-30775	152	42	protection	protection	NOUN
fbem-30775	152	43	industry	industry	NOUN
fbem-30775	152	44	,	,	PUNCT
fbem-30775	152	45	but	but	CCONJ
fbem-30775	152	46	also	also	ADV
fbem-30775	152	47	pay	pay	VERB
fbem-30775	152	48	attention	attention	NOUN
fbem-30775	152	49	to	to	ADP
fbem-30775	152	50	social	social	ADJ
fbem-30775	152	51	responsibility	responsibility	NOUN
fbem-30775	152	52	issues	issue	NOUN
fbem-30775	152	53	,	,	PUNCT
fbem-30775	152	54	effectively	effectively	ADV
fbem-30775	152	55	protect	protect	VERB
fbem-30775	152	56	employee	employee	NOUN
fbem-30775	152	57	welfare	welfare	NOUN
fbem-30775	152	58	,	,	PUNCT
fbem-30775	152	59	carry	carry	VERB
fbem-30775	152	60	out	out	ADP
fbem-30775	152	61	community	community	NOUN
fbem-30775	152	62	co	co	NOUN
fbem-30775	152	63	construction	construction	NOUN
fbem-30775	152	64	projects	project	NOUN
fbem-30775	152	65	,	,	PUNCT
fbem-30775	152	66	provide	provide	VERB
fbem-30775	152	67	employment	employment	NOUN
fbem-30775	152	68	support	support	NOUN
fbem-30775	152	69	for	for	ADP
fbem-30775	152	70	vulnerable	vulnerable	ADJ
fbem-30775	152	71	groups	group	NOUN
fbem-30775	152	72	,	,	PUNCT
fbem-30775	152	73	and	and	CCONJ
fbem-30775	152	74	provide	provide	VERB
fbem-30775	152	75	assistance	assistance	NOUN
fbem-30775	152	76	and	and	CCONJ
fbem-30775	152	77	support	support	NOUN
fbem-30775	152	78	for	for	ADP
fbem-30775	152	79	sudden	sudden	ADJ
fbem-30775	152	80	social	social	ADJ
fbem-30775	152	81	disasters	disaster	NOUN
fbem-30775	152	82	.	.	PUNCT
fbem-30775	153	1	while	while	SCONJ
fbem-30775	153	2	achieving	achieve	VERB
fbem-30775	153	3	their	their	PRON
fbem-30775	153	4	own	own	ADJ
fbem-30775	153	5	development	development	NOUN
fbem-30775	153	6	,	,	PUNCT
fbem-30775	153	7	they	they	PRON
fbem-30775	153	8	should	should	AUX
fbem-30775	153	9	also	also	ADV
fbem-30775	153	10	promote	promote	VERB
fbem-30775	153	11	the	the	DET
fbem-30775	153	12	healthy	healthy	ADJ
fbem-30775	153	13	development	development	NOUN
fbem-30775	153	14	of	of	ADP
fbem-30775	153	15	society	society	NOUN
fbem-30775	153	16	and	and	CCONJ
fbem-30775	153	17	fulfill	fulfill	VERB
fbem-30775	153	18	their	their	PRON
fbem-30775	153	19	responsibilities	responsibility	NOUN
fbem-30775	153	20	and	and	CCONJ
fbem-30775	153	21	responsibilities	responsibility	NOUN
fbem-30775	153	22	.	.	PUNCT
fbem-30775	154	1	acknowledgments	acknowledgment	NOUN
fbem-30775	154	2	the	the	DET
fbem-30775	154	3	work	work	NOUN
fbem-30775	154	4	was	be	AUX
fbem-30775	154	5	supported	support	VERB
fbem-30775	154	6	by	by	ADP
fbem-30775	154	7	undergraduate	undergraduate	ADJ
fbem-30775	154	8	research	research	NOUN
fbem-30775	154	9	innovation	innovation	NOUN
fbem-30775	154	10	fund	fund	NOUN
fbem-30775	154	11	project	project	NOUN
fbem-30775	154	12	of	of	ADP
fbem-30775	154	13	anhui	anhui	PROPN
fbem-30775	154	14	university	university	PROPN
fbem-30775	154	15	of	of	ADP
fbem-30775	154	16	finance	finance	NOUN
fbem-30775	154	17	and	and	CCONJ
fbem-30775	154	18	economics	economic	NOUN
fbem-30775	154	19	(	(	PUNCT
fbem-30775	154	20	xsky24174	xsky24174	PROPN
fbem-30775	154	21	)	)	PUNCT
fbem-30775	154	22	;	;	PUNCT
fbem-30775	154	23	anhui	anhui	PROPN
fbem-30775	154	24	university	university	PROPN
fbem-30775	154	25	of	of	ADP
fbem-30775	154	26	finance	finance	PROPN
fbem-30775	154	27	and	and	CCONJ
fbem-30775	154	28	economics	economic	NOUN
fbem-30775	154	29	college	college	NOUN
fbem-30775	154	30	student	student	NOUN
fbem-30775	154	31	innovation	innovation	NOUN
fbem-30775	154	32	and	and	CCONJ
fbem-30775	154	33	entrepreneurship	entrepreneurship	NOUN
fbem-30775	154	34	training	training	NOUN
fbem-30775	154	35	program	program	NOUN
fbem-30775	154	36	project	project	NOUN
fbem-30775	154	37	"	"	PUNCT
fbem-30775	154	38	research	research	NOUN
fbem-30775	154	39	on	on	ADP
fbem-30775	154	40	deepening	deepen	VERB
fbem-30775	154	41	corporate	corporate	ADJ
fbem-30775	154	42	esg	esg	NOUN
fbem-30775	154	43	practice	practice	NOUN
fbem-30775	154	44	and	and	CCONJ
fbem-30775	154	45	empowering	empower	VERB
fbem-30775	154	46	new	new	ADJ
fbem-30775	154	47	quality	quality	NOUN
fbem-30775	154	48	productivity	productivity	NOUN
fbem-30775	154	49	of	of	ADP
fbem-30775	154	50	enterprises	enterprise	NOUN
fbem-30775	154	51	based	base	VERB
fbem-30775	154	52	on	on	ADP
fbem-30775	154	53	experience	experience	NOUN
fbem-30775	154	54	data	datum	NOUN
fbem-30775	154	55	of	of	ADP
fbem-30775	154	56	a	a	DET
fbem-30775	154	57	-	-	PUNCT
fbem-30775	154	58	share	share	NOUN
fbem-30775	154	59	listed	list	VERB
fbem-30775	154	60	companies	company	NOUN
fbem-30775	154	61	"	"	PUNCT
fbem-30775	154	62	(	(	PUNCT
fbem-30775	154	63	project	project	NOUN
fbem-30775	154	64	no	no	NOUN
fbem-30775	154	65	.	.	NOUN
fbem-30775	154	66	202410378191	202410378191	NUM
fbem-30775	154	67	)	)	PUNCT
fbem-30775	154	68	.	.	PUNCT
fbem-30775	155	1	references	reference	NOUN
fbem-30775	155	2	[	[	X
fbem-30775	155	3	1	1	NUM
fbem-30775	155	4	]	]	PUNCT
fbem-30775	155	5	ren	ren	PROPN
fbem-30775	155	6	zixian	zixian	PROPN
fbem-30775	155	7	,	,	PUNCT
fbem-30775	155	8	gu	gu	PROPN
fbem-30775	155	9	shuchang	shuchang	PROPN
fbem-30775	155	10	,	,	PUNCT
fbem-30775	155	11	yang	yang	PROPN
fbem-30775	155	12	yuzhu	yuzhu	PROPN
fbem-30775	155	13	,	,	PUNCT
fbem-30775	155	14	etc	etc	X
fbem-30775	155	15	.	.	X
fbem-30775	155	16	empirical	empirical	ADJ
fbem-30775	155	17	study	study	NOUN
fbem-30775	155	18	on	on	ADP
fbem-30775	155	19	the	the	DET
fbem-30775	155	20	relationship	relationship	NOUN
fbem-30775	155	21	between	between	ADP
fbem-30775	155	22	esg	esg	NOUN
fbem-30775	155	23	performance	performance	NOUN
fbem-30775	155	24	and	and	CCONJ
fbem-30775	155	25	corporate	corporate	ADJ
fbem-30775	155	26	financial	financial	ADJ
fbem-30775	155	27	performance	performance	NOUN
fbem-30775	156	1	[	[	X
fbem-30775	156	2	j	j	X
fbem-30775	156	3	]	]	X
fbem-30775	156	4	.	.	PUNCT
fbem-30775	157	1	economics	economic	NOUN
fbem-30775	157	2	and	and	CCONJ
fbem-30775	157	3	management	management	NOUN
fbem-30775	157	4	,	,	PUNCT
fbem-30775	157	5	2021	2021	NUM
fbem-30775	157	6	,	,	PUNCT
fbem-30775	157	7	(	(	PUNCT
fbem-30775	157	8	11	11	NUM
fbem-30775	157	9	):	):	PUNCT
fbem-30775	157	10	26	26	NUM
fbem-30775	157	11	-	-	SYM
fbem-30775	157	12	32	32	NUM
fbem-30775	157	13	.	.	PUNCT
fbem-30775	158	1	doi	doi	NOUN
fbem-30775	158	2	:	:	PUNCT
fbem-30775	158	3	10.16517	10.16517	NUM
fbem-30775	158	4	/	/	SYM
fbem-30775	158	5	j.cnki.cn12	j.cnki.cn12	NOUN
fbem-30775	158	6	-	-	PUNCT
fbem-30775	158	7	1034	1034	NUM
fbem-30775	158	8	/	/	SYM
fbem-30775	158	9	f2021.11.005	f2021.11.005	VERB
fbem-30775	158	10	[	[	X
fbem-30775	158	11	2	2	NUM
fbem-30775	158	12	]	]	X
fbem-30775	158	13	sun	sun	PROPN
fbem-30775	158	14	hui	hui	PROPN
fbem-30775	158	15	,	,	PUNCT
fbem-30775	158	16	zhu	zhu	PROPN
fbem-30775	158	17	shusen	shusen	PROPN
fbem-30775	158	18	,	,	PUNCT
fbem-30775	158	19	zhang	zhang	PROPN
fbem-30775	158	20	xianfeng	xianfeng	PROPN
fbem-30775	158	21	.	.	PUNCT
fbem-30775	159	1	esg	esg	PROPN
fbem-30775	159	2	performance	performance	NOUN
fbem-30775	159	3	,	,	PUNCT
fbem-30775	159	4	corporate	corporate	ADJ
fbem-30775	159	5	transparency	transparency	NOUN
fbem-30775	159	6	,	,	PUNCT
fbem-30775	159	7	and	and	CCONJ
fbem-30775	159	8	corporate	corporate	ADJ
fbem-30775	159	9	reputation	reputation	NOUN
fbem-30775	160	1	[	[	X
fbem-30775	160	2	j	j	X
fbem-30775	160	3	]	]	X
fbem-30775	160	4	.	.	PUNCT
fbem-30775	160	5	soft	soft	ADJ
fbem-30775	160	6	science	science	NOUN
fbem-30775	160	7	,	,	PUNCT
fbem-30775	160	8	2023	2023	NUM
fbem-30775	160	9	,	,	PUNCT
fbem-30775	160	10	37	37	NUM
fbem-30775	160	11	(	(	PUNCT
fbem-30775	160	12	12	12	NUM
fbem-30775	160	13	):	):	PUNCT
fbem-30775	160	14	115	115	NUM
fbem-30775	160	15	-	-	SYM
fbem-30775	160	16	121	121	NUM
fbem-30775	160	17	.	.	PUNCT
fbem-30775	161	1	doi	doi	NOUN
fbem-30775	161	2	:	:	PUNCT
fbem-30775	161	3	10.13956	10.13956	NUM
fbem-30775	161	4	/	/	SYM
fbem-30775	161	5	j.ss.10018409.2023.12.16	j.ss.10018409.2023.12.16	PROPN
fbem-30775	162	1	[	[	X
fbem-30775	162	2	3	3	X
fbem-30775	162	3	]	]	X
fbem-30775	162	4	chen	chen	PROPN
fbem-30775	162	5	nana	nana	PROPN
fbem-30775	162	6	.	.	PUNCT
fbem-30775	163	1	research	research	NOUN
fbem-30775	163	2	on	on	ADP
fbem-30775	163	3	the	the	DET
fbem-30775	163	4	impact	impact	NOUN
fbem-30775	163	5	of	of	ADP
fbem-30775	163	6	esg	esg	NOUN
fbem-30775	163	7	performance	performance	NOUN
fbem-30775	163	8	on	on	ADP
fbem-30775	163	9	corporate	corporate	ADJ
fbem-30775	163	10	financial	financial	ADJ
fbem-30775	163	11	performance	performance	NOUN
fbem-30775	163	12	under	under	ADP
fbem-30775	163	13	the	the	DET
fbem-30775	163	14	background	background	NOUN
fbem-30775	163	15	of	of	ADP
fbem-30775	163	16	"	"	PUNCT
fbem-30775	163	17	dual	dual	ADJ
fbem-30775	163	18	carbon	carbon	NOUN
fbem-30775	163	19	"	"	PUNCT
fbem-30775	163	20	:	:	PUNCT
fbem-30775	163	21	a	a	DET
fbem-30775	163	22	case	case	NOUN
fbem-30775	163	23	study	study	NOUN
fbem-30775	163	24	of	of	ADP
fbem-30775	163	25	yili	yili	NOUN
fbem-30775	163	26	group	group	NOUN
fbem-30775	164	1	[	[	X
fbem-30775	164	2	j	j	X
fbem-30775	164	3	]	]	X
fbem-30775	164	4	.	.	PUNCT
fbem-30775	165	1	business	business	NOUN
fbem-30775	165	2	accounting	accounting	NOUN
fbem-30775	165	3	,	,	PUNCT
fbem-30775	165	4	2025	2025	NUM
fbem-30775	165	5	,	,	PUNCT
fbem-30775	165	6	(	(	PUNCT
fbem-30775	165	7	04	04	NUM
fbem-30775	165	8	):	):	PUNCT
fbem-30775	165	9	53	53	NUM
fbem-30775	165	10	-	-	SYM
fbem-30775	165	11	58	58	NUM
fbem-30775	166	1	[	[	X
fbem-30775	166	2	4	4	NUM
fbem-30775	166	3	]	]	X
fbem-30775	166	4	zhang	zhang	PROPN
fbem-30775	166	5	jirui	jirui	PROPN
fbem-30775	166	6	,	,	PUNCT
fbem-30775	166	7	liu	liu	PROPN
fbem-30775	166	8	yuwei	yuwei	PROPN
fbem-30775	166	9	.	.	PUNCT
fbem-30775	167	1	research	research	NOUN
fbem-30775	167	2	on	on	ADP
fbem-30775	167	3	the	the	DET
fbem-30775	167	4	impact	impact	NOUN
fbem-30775	167	5	of	of	ADP
fbem-30775	167	6	esg	esg	NOUN
fbem-30775	167	7	performance	performance	NOUN
fbem-30775	167	8	on	on	ADP
fbem-30775	167	9	corporate	corporate	ADJ
fbem-30775	167	10	financial	financial	ADJ
fbem-30775	167	11	performance	performance	NOUN
fbem-30775	168	1	[	[	X
fbem-30775	168	2	j	j	X
fbem-30775	168	3	]	]	X
fbem-30775	168	4	.	.	PUNCT
fbem-30775	169	1	modern	modern	ADJ
fbem-30775	169	2	business	business	NOUN
fbem-30775	169	3	,	,	PUNCT
fbem-30775	169	4	2025	2025	NUM
fbem-30775	169	5	,	,	PUNCT
fbem-30775	169	6	(	(	PUNCT
fbem-30775	169	7	04	04	NUM
fbem-30775	169	8	):	):	PUNCT
fbem-30775	169	9	185	185	NUM
fbem-30775	169	10	-	-	SYM
fbem-30775	169	11	188	188	NUM
fbem-30775	169	12	.	.	PUNCT
fbem-30775	170	1	doi	doi	NOUN
fbem-30775	170	2	:	:	PUNCT
fbem-30775	170	3	10.14097	10.14097	NUM
fbem-30775	170	4	/	/	SYM
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fbem-30775	170	6	[	[	X
fbem-30775	170	7	5	5	X
fbem-30775	170	8	]	]	PUNCT
fbem-30775	170	9	wang	wang	PROPN
fbem-30775	170	10	shunfu	shunfu	PROPN
fbem-30775	170	11	.	.	PUNCT
fbem-30775	171	1	research	research	NOUN
fbem-30775	171	2	on	on	ADP
fbem-30775	171	3	esg	esg	PROPN
fbem-30775	171	4	performance	performance	NOUN
fbem-30775	171	5	,	,	PUNCT
fbem-30775	171	6	investor	investor	NOUN
fbem-30775	171	7	preferences	preference	NOUN
fbem-30775	171	8	,	,	PUNCT
fbem-30775	171	9	and	and	CCONJ
fbem-30775	171	10	corporate	corporate	ADJ
fbem-30775	171	11	financial	financial	ADJ
fbem-30775	171	12	performance	performance	NOUN
fbem-30775	172	1	[	[	X
fbem-30775	172	2	j	j	X
fbem-30775	172	3	]	]	X
fbem-30775	172	4	.	.	PUNCT
fbem-30775	173	1	international	international	ADJ
fbem-30775	173	2	business	business	NOUN
fbem-30775	173	3	finance	finance	NOUN
fbem-30775	173	4	and	and	CCONJ
fbem-30775	173	5	accounting	accounting	NOUN
fbem-30775	173	6	,	,	PUNCT
fbem-30775	173	7	2025	2025	NUM
fbem-30775	173	8	,	,	PUNCT
fbem-30775	173	9	(	(	PUNCT
fbem-30775	173	10	02	02	NUM
fbem-30775	173	11	):	):	PUNCT
fbem-30775	173	12	3339	3339	NUM
fbem-30775	174	1	[	[	X
fbem-30775	174	2	6	6	NUM
fbem-30775	174	3	]	]	PUNCT
fbem-30775	174	4	zhang	zhang	PROPN
fbem-30775	174	5	yang	yang	PROPN
fbem-30775	174	6	.	.	PUNCT
fbem-30775	175	1	esg	esg	PROPN
fbem-30775	175	2	performance	performance	NOUN
fbem-30775	175	3	,	,	PUNCT
fbem-30775	175	4	internal	internal	ADJ
fbem-30775	175	5	control	control	NOUN
fbem-30775	175	6	quality	quality	NOUN
fbem-30775	175	7	,	,	PUNCT
fbem-30775	175	8	and	and	CCONJ
fbem-30775	175	9	corporate	corporate	ADJ
fbem-30775	175	10	financial	financial	ADJ
fbem-30775	175	11	performance	performance	NOUN
fbem-30775	176	1	[	[	X
fbem-30775	176	2	j	j	X
fbem-30775	176	3	]	]	X
fbem-30775	176	4	.	.	PUNCT
fbem-30775	177	1	hebei	hebei	PROPN
fbem-30775	177	2	enterprise	enterprise	NOUN
fbem-30775	177	3	,	,	PUNCT
fbem-30775	177	4	2024	2024	NUM
fbem-30775	177	5	,	,	PUNCT
fbem-30775	177	6	(	(	PUNCT
fbem-30775	177	7	12	12	NUM
fbem-30775	177	8	):	):	PUNCT
fbem-30775	177	9	5	5	NUM
fbem-30775	177	10	-	-	SYM
fbem-30775	177	11	9	9	NUM
fbem-30775	177	12	.	.	PUNCT
fbem-30775	177	13	doi	doi	NOUN
fbem-30775	177	14	:	:	PUNCT
fbem-30775	177	15	10.19885	10.19885	NUM
fbem-30775	177	16	/	/	SYM
fbem-30775	177	17	j.cnki	j.cnki	NOUN
fbem-30775	177	18	.	.	PUNCT
fbem-30775	178	1	hbqy	hbqy	ADJ
fbem-30775	178	2	.	.	PUNCT
fbem-30775	179	1	2024.12.009	2024.12.009	NUM
fbem-30775	179	2	[	[	X
fbem-30775	179	3	7	7	X
fbem-30775	179	4	]	]	PUNCT
fbem-30775	179	5	ran	run	VERB
fbem-30775	179	6	xu	xu	INTJ
fbem-30775	179	7	.	.	PUNCT
fbem-30775	180	1	esg	esg	NOUN
fbem-30775	180	2	performance	performance	NOUN
fbem-30775	180	3	,	,	PUNCT
fbem-30775	180	4	management	management	NOUN
fbem-30775	180	5	incentives	incentive	NOUN
fbem-30775	180	6	,	,	PUNCT
fbem-30775	180	7	and	and	CCONJ
fbem-30775	180	8	corporate	corporate	ADJ
fbem-30775	180	9	financial	financial	ADJ
fbem-30775	180	10	performance	performance	NOUN
fbem-30775	181	1	[	[	X
fbem-30775	181	2	j	j	X
fbem-30775	181	3	]	]	X
fbem-30775	181	4	.	.	PUNCT
fbem-30775	182	1	brand	brand	NOUN
fbem-30775	182	2	marketing	marketing	NOUN
fbem-30775	182	3	for	for	ADP
fbem-30775	182	4	time	time	NOUN
fbem-30775	182	5	honored	honor	VERB
fbem-30775	182	6	brands	brand	NOUN
fbem-30775	182	7	,	,	PUNCT
fbem-30775	182	8	2024	2024	NUM
fbem-30775	182	9	,	,	PUNCT
fbem-30775	182	10	(	(	PUNCT
fbem-30775	182	11	22	22	NUM
fbem-30775	182	12	):	):	PUNCT
fbem-30775	182	13	127	127	NUM
fbem-30775	182	14	-	-	SYM
fbem-30775	182	15	129	129	NUM
fbem-30775	183	1	[	[	NOUN
fbem-30775	183	2	8	8	NUM
fbem-30775	183	3	]	]	PUNCT
fbem-30775	183	4	qi	qi	PROPN
fbem-30775	183	5	wei	wei	PROPN
fbem-30775	183	6	,	,	PUNCT
fbem-30775	183	7	liang	liang	PROPN
fbem-30775	183	8	jiaqi	jiaqi	PROPN
fbem-30775	183	9	.	.	PUNCT
fbem-30775	184	1	analysis	analysis	NOUN
fbem-30775	184	2	of	of	ADP
fbem-30775	184	3	the	the	DET
fbem-30775	184	4	impact	impact	NOUN
fbem-30775	184	5	of	of	ADP
fbem-30775	184	6	corporate	corporate	ADJ
fbem-30775	184	7	esg	esg	NOUN
fbem-30775	184	8	performance	performance	NOUN
fbem-30775	184	9	:	:	PUNCT
fbem-30775	184	10	a	a	DET
fbem-30775	184	11	literature	literature	NOUN
fbem-30775	184	12	review	review	NOUN
fbem-30775	184	13	based	base	VERB
fbem-30775	184	14	on	on	ADP
fbem-30775	184	15	corporate	corporate	ADJ
fbem-30775	184	16	value	value	NOUN
fbem-30775	184	17	,	,	PUNCT
fbem-30775	184	18	financing	financing	NOUN
fbem-30775	184	19	costs	cost	NOUN
fbem-30775	184	20	,	,	PUNCT
fbem-30775	184	21	and	and	CCONJ
fbem-30775	184	22	financial	financial	ADJ
fbem-30775	184	23	performance	performance	NOUN
fbem-30775	185	1	[	[	X
fbem-30775	185	2	j	j	X
fbem-30775	185	3	]	]	X
fbem-30775	185	4	.	.	PUNCT
fbem-30775	186	1	journal	journal	PROPN
fbem-30775	186	2	of	of	ADP
fbem-30775	186	3	lanzhou	lanzhou	PROPN
fbem-30775	186	4	university	university	PROPN
fbem-30775	186	5	of	of	ADP
fbem-30775	186	6	finance	finance	NOUN
fbem-30775	186	7	and	and	CCONJ
fbem-30775	186	8	economics	economic	NOUN
fbem-30775	186	9	,	,	PUNCT
fbem-30775	186	10	2024	2024	NUM
fbem-30775	186	11	,	,	PUNCT
fbem-30775	186	12	40	40	NUM
fbem-30775	186	13	(	(	PUNCT
fbem-30775	186	14	06	06	NUM
fbem-30775	186	15	):	):	PUNCT
fbem-30775	186	16	109	109	NUM
fbem-30775	186	17	-	-	SYM
fbem-30775	186	18	120	120	NUM
fbem-30775	186	19	.	.	PUNCT